The Role of the Quantity Surveyor and Implications for Valuations (N170704)
The quantity surveyor plays an integral role as a professional adviser throughout the various stages of the development process.
In the preparation of a feasibility, valuers and other property professionals will typically look to the quantity surveyor for expert guidance on construction costs, timeframes, professional fees, contingency etc.
This session presented by Andrew Opperman, Quantity Surveyor of Mitchell Brandtman, will provide a practical insight into role of a quantity surveyor including an update on the current state of play within the construction industry.
Topics to be covered include:
- An understanding of what a quantity surveyor (QS) does and how they assist financiers and their clients on a project
- An explanation on the different types of building contracts
- How does a QS determine cost? How does a QS determine timeframe? How does a QS deal with contamination?
- Dangers of Preliminary, DA Costings or other report types as opposed to bank costings
- What are some of the triggers that drive costs up?
- What encompasses professional fees? Indicative professional fees allowances (pre/post DA)?
- Indicative construction rates (Sydney CBD and Metro) across all sectors (commercial, retail, industrial and residential)
- Current market conditions and an outlook on costs
This technical session is ideal for those undertaking development valuations and/or feasibility assessments across all asset classes, however, is also suitable for those seeking a current update on the construction industry.
Partner, Mitchell Brandtman
Andrew is a Partner with Mitchell Brandtman and a Director of the Financiers’ Quantity Surveying Team and Asset Management Team in NSW. With over 12 years’ experience, Andrew has worked on a variety of diverse projects from residential, commercial, industrial, aged care and hotels, to name a few.
After completing a Bachelor Economics, Human Resource Management, Andrew decided the property industry was his passion and then completed a degree in Bachelor Building Construction Economics.
Andrew has been with Mitchell Brandtman for over 10 years and his key roles include the preparation of finance reports, cost planning, estimating, post-contract work and expenditure control. Andrew has also been involved in numerous expert witness and securities of payment claims and has a vast experience in all types of projects in the construction industry.
Registration Fees (inc GST)
|API Student Members||$48|
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