The cost of building - THE Quantity surveyors role
Thinking about building a new home, extending or refurbishing but don't know where to start? Taking on a construction project can be a daunting experience. You can feel bombarded at times with new terminology, unknowns, risks and details you may never have considered prior to embarking on this venture.
The fear of mounting house build costs as you sit down to plan your new new build or extension is very real, but it doesn’t have to prove overwhelming. The role of a quantity surveyor is to provide cost advice on all aspects of construction, this is our sole purpose in the design team.
do i need a quantity surveyor?
Before determining whether a QS is the right way forward for you, it’s important to know precisely what’s involved and informing yourself on how a QS can add value and support you in achieving your project goals.
Generally, there are three stages to a construction project:
Budget Stage - At early design stage an estimate is compiled based on concept / pre-planning / planning drawings. We will discuss all of the likely elements and options available for your project. We will set a budget for the construction of the project to create a baseline for the next stage of detailed design.
Tender Stage - Following detailed design from your architect and other design team members, the Quantity Surveyor takes all of the details from the drawings and specification and creates a document known as a "Bill of Quantities". Referred to as the "BoQ", this forms the pricing document for potential building contractors. The main advantage of the BoQ is that all builders tendering must price the exact same document; this ensures clarity, comparability and openness in the tender process. It will be very clear following the tender analysis which contractor has provided the most competitive quote. A contractor is appointed and we prepare contract documentation for signing.
Post-contract stage - We can provide cost consultancy throughout the build, recommending the value of interim payments to the builder based on progress carried out each month and assessing the value of any changes made to ensure value for money. The advantage of having the Bill of Quantities is that it forms a basis for any changes to the works required, be they credits or extras.
Darby & Associates Chartered Quantity Surveyors can provide you with a competitive quote for one or all three stages listed above. Call us today for a free consultation!