Quantity Surveying / Procurement & Cost Management

The quantity surveyor’s fundamental role, as a member of the project team and the design team, is to achieve the completion of the project within the financial parameters established at the briefing stage.
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Service overview

In fulfilling this role the quantity surveyor will be aware of:

  • The need to deliver the project within the approved funds
  • The client’s expectation of achieving value for money; both for capital and revenue
  • The requirement to minimise the client’s risk and to meet deadlines

For Construction and Engineering projects, Nicolaou & Konnides offer the full range of pre and post tender Quantity Surveying and Commercial Management. 

Services include:

Pre-Contract
  • Prepare financial feasibility studies and the project “business case”
  • Option appraisals and alternative design and budget estimating studies
  • Preparation of detailed elemental cost plan to establish the control document for design development
  • Risk appraisal and Value Engineering workshops
  • Advise on contract procedures and alternative procurement strategies and forms of contract
  • Life-cycle costing and analysis of operating costs 
  • Assist with the selection of appropriate contractors and sub-contractors
  • Assist with the part of the contract for “health & safety”
  • Prepare the contract documentation including Bills of Quantities, Schedule of Rates (or the like) and other tender documents
  • Pricing of the Bills of Quantities to indicate the expected tender cost
  • Examine tenders received, prepare tender report and recommendation
Post-Contract
  • Prepare contract documents for execution by employer and contractor
  • Review risk assessment and prepare risk management plan
  • Monitor progress on site and cash flow
  • Verify labour levels against method statement and report
  • Prepare valuations of work in progress for interim certificates
  • Estimate cost of variations
  • Prepare detailed financial statements
  • Cost control during the construction stage
  • Prepare and negotiate the final account for the project settlement of final cost
  • Prepare the final release of retention
  • Protect the client against spurious claims

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