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Consultancy

QUANTITY SURVEYING

The Quantity Surveyor of OTN has the capability to:

  • Prepare preliminary estimates based on the design concept and make revisions to the estimates in accordance to changes in project requirements.

  • Prepare a cost plan on completion of the outline and design, to enable the developer to budget for his expenditure at an early stage.

  • Prepare the particulars, such as specifications, bills of quantities and schedule of rates for obtaining competitive quotes from Contractors.

  • Advise on the contractual arrangements to be adopted for the project in respect to the main contract and sub-contracts such as security deposits, tender bid bonds, insurance and the like.

  • Advise on the selection of Contractors and Specialist Sub-Contractors.

  • Invite, evaluate and negotiate tenders.

  • Assess the value of the work done for the purpose of progress payment certificate as building operations proceed.

  • Report to the Client, through the Architect on the financial effect of alterations ordered or proposed from time to time, when required.

  • Provide contractual advice during the course of the project.

  • Prepare the final accounts for the project, on the basis which the Architect certifies final payment.

 

Other related services include:

  • Assessing replacement values for insurance.

  • Providing expert evidence in arbitrations and disputes .

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