Quantity surveying and cost management services are the principal origins of BWC Consultants. We have developed a unique and methodological approach to cost management financial planning in which we seek to provide our clients with credible and accurate reports of important financial detail.
We aim to provide detailed information that has been professionally produced and examined by our highly qualified Surveyors. We only present our clients with advice and recommendations that have been miraculously checked for accuracy. We then cross-reference our proposed advice with our Clients requirements and business objectives to best deliver an accurate and efficient service. This subsequently demonstrates value for money to the client as we value engineer the project at every level to keep budget costs down without compromising on quality.
What is a Quantity Surveyor (QS)?
A Quantity Surveyor (QS) is a construction industry professional with expert knowledge of construction costs and contracts.
Quantity surveyors are responsible for managing all aspects of the financial elements of a construction project. They specialise in helping to ensure that the construction project is completed within its projected budget.
Quantity surveyors are also hired by contractors to assist with the valuation of construction work as part of the Contractors payment application to the Employer/Client. Other areas that Quantity Surveyors assist with are tender bidding, project budgeting, and a Bill of quantities (also known as BoQ).
What is the importance of having a QS?
There are several reasons why a QS is required on a construction project. The main reason is valuing the level of works completed against payments in remuneration. This is one of the most critical elements of a successful project. If a Contractor is restricted from regular cash flow, it will have an adverse effect on the project’s progress. Alternatively, if a Contractor is overpaid for works that have not completed, the Client/Employer runs the risk of the Contractor leaving the project in a better financial position, than completing the actual project.
Getting the right balance of payments is the work of a professional and must be closely monitored.