Académique Documents
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SURVEYING
Lakshitha Senarathne
BSc (Hons), AMIE(SL)
Quantity Surveyor
site
Function of a QS
preparing tender and contract documents, including
bills of quantities with the architect and/or the client;
undertaking cost analysis for repair and
control;
advising on procurement strategy
commercial risks
preparing and analyzing costings for tenders
Function of a QS Contd..
allocating work to subcontractors
providing advice on contractual claims
analyzing outcomes and writing detailed
progress reports
valuing completed work and arranging
payments
maintaining awareness of the different
safety regulations
Special Knowledge required for
QS
offering advice on property taxation
providing post-occupancy advice, facilities
projects
advising on the maintenance costs of specific
buildings.
Time value of Money
Inflation is defined as a
sustained increase in the
general level of prices for goods
and services. It is measured as
an annual percentage increase.
As inflation rises, every dollar
you own buys a smaller
percentage of a good or service.
Discounting
A method of allocating
the cost of a tangible
asset over its useful life.
Businesses depreciate
long-term assets for both
tax and accounting
purposes.
Taxes
Cost Estimating
Cost Budgeting
Cost Control
Cost Estimating
Project managers must take cost estimates
seriously if they want to complete projects
within budget constraints.
Graph
Target
Cost &
Schedul
e
Schedule
Planned Variance
(Time)
Value (PV)
Earned
Value (EV)
Bid Document
Arrangement of tender
document
General arrangement of the standard tender
documents:
Section I: Invitation to tender
Works
Section VI Schedule of Requirements
Eligible goods
Cost of tendering
Language of tender
Validity of tender
Format of signing of contract
Sealing and marking of tenders
Deadline for submission of tender
Notification and withdrawal of tender
Opening of tenders
Clarification of tenders
Section II: Instructions to Bidders
contd
Evaluation of Tenders and Award of
contract
Preliminary examination
Technical Evaluation
Financial Evaluation
Conversions to single currency ( for
multiple-currency tenders)
Award of contract and Communication to
bidders
Signing of contract
Performance Security.
Advance Payment Guarantee
Section III :General Conditions of
Contract
Payments (terms and duration etc.) and Prices
(include issues regarding conditions for
variations, adjustments)
Assignments to other parties ( no assigning of
Termination of contract
Liquidated damages
Resolution of disputes
Governing Language
Force majeure
Section IV: Special Conditions of
Contract
To be prepared by the procuring entity
Should not contradict the general
conditions of contracts
They complement the general conditions
of contracts
The General and Special conditions of