The Property Hub – ‘Expert Talks’

The Property Hub experts and Spider Projects invite you on Thursday, 5 October 2023, from 5pm to 7pm for our next Property Hub – ‘Expert Talks’ event Back to basics: What is a Quantity Surveyor and their crucial role in supporting construction projects?

Gillian’s Palmer’s The Property Hub is working in collaboration with Laura Hannan MRICS, Quantity Surveyor at Spider Projects – an RICS-regulated practice serving Tunbridge Wells, the South East and London to bring clarity and confidence to construction projects.

A Quantity Surveyor, also known as a QS or a Cost Consultant, can play a crucial role in adding value to a construction project. Their primary focus is on managing costs associated with the project.

Quantity surveying consists of working with scope, drawings and other design information to prepare a budget. The level of detail in the cost information will be affected by the level of design information and decisions having been made on scope and specification. During the preparation of the budget or cost estimate, a QS will raise queries and discuss with their client their aspirations to better understand their client’s requirements.

Gillian Palmer explains, “Spider Projects has been working with The Property Hub since its launch in February. Their principal role in The Property Hub expert family is to bring together all elements of the project in a holistic way to ensure clear deliverables constrained to a finite timescale and budget. This mirrors the ethos of The Property Hub and its members, which has brought together a team of experts under one roof including Contractors, Architect and Surveyors, through to the finish line services including Interior Designers, smart home technology and many more.”

Where Quantity Surveyors really add value

Spider Projects acknowledges building work can be expensive, especially if bespoke or specialist items are on the wish list. “If the costs exceed the budget, we or another QS can work with the client and the design team to discuss alternative options, changing materials or perhaps reducing the size of an extension if needed.” Laura Hannan states.

When you are ready to obtain prices from a Contractor, a QS can advise on procurement methods, prepare a tender pack and then review the prices and returned documents from Contractors. Often items that are listed as ‘Provisional Sums’ are areas of cost that can increase during the construction phase and these are also areas that a QS could have further discussion with the project team and client to define in more detail so that a Contractor is able to be confident in fixing a price. Are you a Property Developer, Portfolio Landlord or a new inspiring property individual looking to hear more from a Quantity Surveyor expert or discuss a project?

A selection of drinks and light bites will be available upon arrival.

Secure your seat by filling out the short form below or email natalie@thefinancehub.money