Architecture / June 26, 2018 /
The issue of the cost of construction work is one that is rarely far from the minds of construction clients, design teams, constructors and, of course, quantity surveyors. The cost of constructing a building project is a primary concern for the vast majority of construction clients. Indeed one of the most common initial questions a client has is. What is it going to cost me? often followed closely by. can we do it any cheaper? Providing answers to such questions is a key objective of quantity surveyors, whose task it is to predict the likely cost of building work and to manage the evolving project design to ensure that the clients approved budget is not exceeded. This is a challenging task, which frequently involves one-off, unique, purpose made buildings, and the QS typically operates within a design team brought together specifically for that particular project.
The contract documents set out what work must be done, and how, and under what conditions it is to be done. They identify the contractors obligations and liabilities and form the contractual agreement to do the work for the stated price or at the agreed rates. Many if not most financial problems in building originate in inadequate or unclear tender and contract documents, often culminating in disputes between the client and the contractor over what is included in the price for the work.