How To Calculate Consulting Fees for Professional Quantity Surveyors and Construction Estimators
A quantity surveyor/professional estimator is responsible for managing the costs of a building project, from project inception to completion. Throughout the project, the client will be responsible for paying the consulting fees for services rendered by a quantity surveyor. The amount of professional fees charged by a quantity surveyor depends on the method used / contract between the consultant and the client. There are many factors which influence the fee structure within a contract. This includes the type and value of project, type of client, the type of estimate and valuation method used in the pre-contract and post-contract stages respectively.