The Quantity Surveyor & Real Estate Development

Written by Colm Dillon


Continued from page 1

Quantity surveyors get their name fromrepparttar Bill of Quantities, a document which itemisesrepparttar 103132 quantities of materials and labour in a construction project.

Bill of Quantities are measured from design drawings, to be used byrepparttar 103133 contractors for tendering or negotiating withrepparttar 103134 client a building cost and for progress payments, for variations and changes torepparttar 103135 contract and ultimately for statistics, taxation and valuation.

Duringrepparttar 103136 design phase,repparttar 103137 quantity surveyor ensures thatrepparttar 103138 design remains on budget through Cost Management.

The building contractor also employs quantity surveyors/estimators, who prepare tenders, and may also prepare a price based on alternatives (ideas or other approached torepparttar 103139 construction) for consideration.

Once tenders are submitted by contractors,repparttar 103140 quantity surveyor is usually involved in assessing tenders and may also have been asked to advise onrepparttar 103141 type of contract or special clauses in it.

During construction a quantity surveyor is called on to fairly value "Progress Payments" at regular intervals.

They will also value changes to design or quantities which may arise by reference to appropriate Bill of Quantities rates. The contractor’s quantity surveyor/contract administrator will have prepared claims for progress payments and additional work.

When construction is completerepparttar 103142 quantity surveyor can produce depreciation schedules ofrepparttar 103143 various project components and advise on realistic insurance replacement costs.

Inrepparttar 103144 case of construction disputesrepparttar 103145 quantity surveyor is often called on as an expert witness, and some quantity surveyors act as arbitrators. Bothrepparttar 103146 contractor’s and owner’s quantity surveyors will be involved in this.

Quantity Surveyors have usually completed an appropriate tertiary degree course and undertaken work experience which qualifies them for membership ofrepparttar 103147 their country's Institute of Quantity Surveyors.

Quantity Surveyors work on projects ranging from office blocks, schools, hospitals, factories to bridges, railways, oil and mining development, shipbuilding and large process engineering works such as oil refineries. Anywhere, indeed, that major construction work is carried out.

How do you select a Quantity Surveyor:

. Make sure they are a member of your country's Institute of Quantity Surveyors .

. Meet and discuss your project.

. Discussrepparttar 103148 range of services you require and if you don't understandrepparttar 103149 service, ask for an explanation.

. Ask aboutrepparttar 103150 likely fees you will have to pay. At this stage you will not get a firm fee asrepparttar 103151 project parameters have not been determined.

. Make sure you feel comfortable and getrepparttar 103152 responses you want.

. Ask to look at examples of projects they have done and talk to former clients. To get in touch with a Quantity Surveyor in your area of operation, contactrepparttar 103153 Institute of Quantity Surveyors in your country, who can then direct you torepparttar 103154 Local Chapter ofrepparttar 103155 Institute.

Here arerepparttar 103156 links to some ofrepparttar 103157 major Institutes:

I do not believerepparttar 103158 Profession of Quantity Surveying exists inrepparttar 103159 United States.

. The Australian Institution of Quantity Surveyors

. The Association of South African Quantity Surveyors

. The Quantity Surveyors Society of British Columbia

. The New Zealand Institute of Quantity Surveyors

. The Society Of Chartered Surveyors Ireland

. The Board Of Quantity Surveyors Malaysia

. The Canadian Institute of Quantity Surveyors

If your country's Institute of Quantity Surveyors is not listed above just go to : Google Search and type inrepparttar 103160 Search Box; "Institute of Quantity Surveyors "

Colm Dillon has developed $1.2 Billion worth of Real Estate and has written the definitive "How To" E-book, "Residential Development Made Easy" selling in 63 countries. Go To: http://www.realestatedevelopmentcoach.com for more information.


The Structural Engineer & Real Estate Development

Written by Colm Dillon


Continued from page 1

Now as a developer, you personally will not be involved in any of these calculations, but you should understand that only a Trained Professional Structural Engineer is capable of doing this work.

So make sure you are engaging a trained and qualified structureal engineer forrepparttar work and that they have knowledge ofrepparttar 103131 area in which you develop.

You may have seen a recent series of TV programs where teams of specialist demolish buildings in a spectacular way using a series of charges. These tend to be old buildings built inrepparttar 103132 forties and fifties.

However withrepparttar 103133 advent of reinforced concrete building frames and pre-stressed concrete as are used in todays modern high rise buildings, you will rarelt see these buildings ever being demolished.

They are just so strong andrepparttar 103134 reinforcing steele so well designed that it will be cheaper to completely renovaterepparttar 103135 building, than demolish and re-build.

One other aspect that may prevent demolishing taking place is to do with changing site development capacity byrepparttar 103136 Local Authority. The current Regulations may not allow a building as big as is currently onrepparttar 103137 site, being build again.

Civil Engineers

Within construction engineering there are two specialities; Structural Engineers, as described above, and Civil Engineers.

Civil engineering is concerned withrepparttar 103138 design of roads and bridges. I only mention this so that you are not confused if someone asks you what kind of engineers you are looking for and you don't know that there are two types of specialization.

Both Structural and Civil engineers belong torepparttar 103139 same Professional Association.

As I explained in my other articles, when you want to find a structural engineer, you can contact their Professional Association in your country and then be directed torepparttar 103140 local Chapter ofrepparttar 103141 area of your interest.

Here are some ofrepparttar 103142 links:

. The Institution of Engineers Australia, trading as ENGINEERS AUSTRALIA

. The American Institute of Engineers, Inc

. UK The Institution of Structural Engineers

. South African Association of Consultying Engineers

. Singapore Institution of Engineers

. The Hong Kong Institution of Structural Engineers

. New Zealand - The Institution of Structural Engineers

If your country's Institute of Structural Engineers is not listed just go to : Google Search and type inrepparttar 103143 Search Box; "Institute of Structural Engineers"



Colm Dillon has developed $1.2 Billion worth of Real Estate and has written the definitive "How To" E-book, "Residential Development Made Easy" selling in 63 countries. Go To: http://www.realestatedevelopmentcoach.com for more information.


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