MOCK QUESTIONS Flashcards

Question

QUANTIFICATION AND COSTING: Can you give me some rules under IPMS, or how it differs from COMP6?

Answer 1

"a. They are both measurement techniques but COMP Is the old version, so RICS asks members to use IPMS b. IPMS now includes external floor areas such as balconies and terraces c. IPMS now measures to the internal dominant face (to glazing) as opposed to internal face."

Answer 2

NRM 1: Order of Cost estimating and planning for capital building works NRM 2: Detailed Measurement for Buidling works NRM 3: Order of Cost estimating and planning for Building maintenance works

Answer 3

SMM7 (outdated) / CESMM, POMI

Answer 4

The ramp was temporary so was quantified as an item. To price the ramp, I had to understand how it was constructed and obtain quotations for supply and installation.

Answer 5

The most expensive option was the modular new build option. This was because the bespoke module size was not suited to the initial plans and design produced. Therefore, a more bespoke module would have to be used which would be a more expensive option.

Answer 6

No, as we only had 2 tendered projects using MMC, I obtained quotations from 3 subcontractors to use as a basis for my estimate. It was based on a cost per m2 and modular dimensions.

Answer 7

This was to bring the project in line and benchmark the data being used to be relevant to that project in terms of date and location. Improves the accuracy of the estimate

Answer 8

Cost per bed - based on 3 different room specs For common areas and other notable buildings and the external works, these were designed to a basic spec and could be broken down in to a cost per m2 based on the spec.

Answer 9

Based on IPMS definition of GIFA Area inside internal walls, excluding balconies, mezzanines, open fire escapes, open-sided covered ways, open parking areas, and terraces

Answer 10

Parent company guarantee is assurance if the contractor suffers insolvency, their parent company is required to pick up and carry out the remaining works.

Answer 11

It is typically 6 months under DB, but from my experience it is amended to 12 months to be able to observe the defects both patent and latent in all seasons.

Answer 12

Rectification Period Retention amount Payment Terms ERs take precedence over CPs

Answer 13

Contractor submits Payment Application This triggers the process. 7 days due date 5 days until payment notice 14 days from due date is date for payment 5 days prior, pay less notice must be issued.

Answer 14

Prime cost sum: this is where a budget for the item is set, the supplier is known and an amount is allocated for the item, however detailed spec and details are unknown. a budget allocation for the cost of materials or goods to be supplied by a nominated contractor or supplier Prov sum - is a provisional allowance in the contract where the design, scope or cost is not known enough to cost at point of contract.

Answer 15

A monte carlo simulation is a computer analysis of risk. I produced an initial costed risk register, organising costs into most likely, moderate and maximum. This is then put into @risk software and ran 1000 times. The percentage of the risk occurring is then determined by how many times that risk occurs when the simulation is ran. I take the 50% level of risk to put into my cost plan as it removes all biases from the risk estimate.

Answer 16

The purpose is to analyse the likelihood of the risk occurring which can then be used to apply this to produce a cost to put into the cost plan.

Answer 17

Three point estimating Percentage Based Refer to practice information RICS management of risk

Answer 18

This was on a percentage basis at earlier stages, then by producing a costed risk register at later design stages

Answer 19

Equality act / Building regs Doc M

Answer 20

Disability Age Gender Maternity Race Religion

Answer 21

Ensuring accessibility: lifts, ramps and stairs Installation of hearing loops Adequate lighting, non-slip flooring, use of braille DDA: Door openers and closers Vision panels low enough for people in wheelchairs to see through

Answer 22

Meeting the needs of the present, whilst preserving and not hindering the needs of the future on a social, environmental and economic level.

Answer 23

Building Research Establishment Environmental Assessment Method

Answer 24

85%: outstanding 70%: excellent 55%: very good 45%: good 30%: pass below 30%: unclassified

Answer 25

To cost environmental impacts, you'd use Life Cycle Assessment (LCA) data, which quantifies emissions, waste generation, and environmental impacts. Disposal costs 30 years in the future require a combination of current cost estimates, projected inflation, and discounting to account for the time value of money.

Answer 26

Key client contact responds to acknowledge complaint within 24 hours. Agreement aimed to be reached by 72 hours. Following this, gets escalated to operations director, who has 28 days to reach an agreement. If this is not met, escalated to dispute resolution.

Answer 27

Duty of care a moral or legal obligation to ensure the safety or well-being of others. Ensure client's are looked after and at a reasonable level of satisfaction.

Answer 28

I would advise them that I an unable to carry out the work, as it is beyond the realms of my expertise. If I knew that there was someone within my company capable of carrying out the works I can direct my client to them, making it clear that it will require a fee as it is above the scope of services agreed. If not, can help client find suitable consultant.

Answer 29

Credit/financial checks. Understand the scope of services was within my realms. Understand the client requirements and any timescales etc. I would check the clients' brief to ensure that I am sufficiently knowledgeable, skilled and competent to carry out the work required. Checks for conflicts of interest would also be undertaken in line with the RICS professional guidance in addition to anti-money laundering checks.

Answer 30

UoW Anatomy and Clinical Skills Successfully negotiated final account and all variations. Pre-negotiation I had an understanding of what was being claimed, my position, my client's position and stance, aiming for a win-win so that both parties come away satisfied. In the negotiation, clear communication, check understanding throughout, understand where I am able to compromise etc. In person face to face. Post: follow up with written confirmation.

Answer 31

Time zone Language Barriers Not face to face: no body language Technology issues Jargon

Answer 32

I have: financial reporting dashboard UOW Anatomy and Clinical Skills This made it easier to update the client on the financial stance, variations, payments and cash flow to help them understand progression. It could be regularly updated and as it is in line with their requirements, it made it easier for them to understand in their format and enhanced client satisfaction.

Answer 33

I presented what our experience as a team was and what innovations we could present to them as a consultancy for both cost and sustainability. We had a presentation to support and I ensured to speak clearly, with body language and paused when necessary. I had relevant visual aids to support the presentation and did not use any specialist jargon without clear explanation for their interpretation.

Answer 34

Surveying Safely Professional Standard 2024

Answer 35

What are the 3 methods of asbestos management? a. Asbestos Management plan b. Remove c. Encapsulate 37. What types of asbestos survey are there? a. Presumptive, and visually inspect. b. Sampling, determine the extent"

Answer 36

This is legislation following Grenfell enquiry to improve the overall safety of construction in the UK. The Act makes provision for the safety of people in and about buildings and the standard of buildings Higher-risk buildings are subject to numerous requirements, both during the construction and occupation phases: Construction phase – There is a new building control regime, ‘Gateway’ requirements, and the imposition of various duties, culminating in obtaining a Completion Certificate from the Building Safety Regulator (BSR) before occupation can occur. Occupation phase – There is a new occupation regime, with a requirement for Accountable Persons and the Principal Accountable Person to fulfil various duties, including for the latter the duty to ensure that the building is registered with the BSR. The Building Safety Act 2022 introduced the requirement for a Principal Designer appointment under the Building Regulations, additional to the Principal Designer under the CDM Regulations. If no person is appointed for this position, the liability may default to the client. A name for this appointment is not prompted in ‘JCT Construct’ for the JCT 2016 Suite so this requirement could go amiss quite easily. The golden thread of information Higher-risk buildings must maintain a digital, secure and easily accessible ‘golden thread’ of information throughout their lifecycle. The extent of information to be kept depends on the building’s stage, with a focus on compliance with building regulations during design and construction. A safety case report summarising major fire and structural hazards and risk management measures is now mandatory for each higher-risk building. Principal accountable persons must have identified and assessed building safety risks, determined how safety incidents can be prevented and measures to mitigate their severity.

Answer 37

a. At least 2 residential units AND b. 18 metres in height / at least 7 storeys

Answer 38

Considerate Skills Certification Scheme Managers and Professionals Every 5 years

Answer 39

Risk assessment Know the site, awareness of activities, know access etc Correct PPE Make sure someone is aware of attendance Sign in at site office upon arrival Safety site briefing every time arriving on site Awareness of key hazards and risks at the site Don't go around on your own

Answer 40

Bribing another, being bribed, failure to prevent, bribing foreign official

Answer 41

criminal offence - prosecution

Answer 42

Risk Assesment, due diligence, policies and procedures, monitoring

Answer 43

I am aware of how to respond to a potential bribe I am aware of our company gift policy

Answer 44

Conflicts of interest should be dealt with before continuing with any work. No work on the project should commence unless informed consent is gained from client and anyone else involved. If someone else could proceed with the work that would be more suitable, that should occur. I would advise that all documentation is secured, encrypted and password protected. Chinese wall may need to be in place/ isolation of staff. Keep information secured and on a need to know basis.

Answer 45

Countering financial crime; Anti-bribery, money laundering etc

Answer 46

Est Modus in Remus - there is measure in all things

Answer 47

RICS is there to act as an impartial body to oversee the surveying industry, set standards for the industry and provide professional guidance to ensure competence and quality in the industry.

Answer 48

Justin Sullivan President elect: Douglas Maclean

Answer 49

Rule of conduct 3: Members and firms must provide a quality and diligent service. I display this by always working to a high standard and only issuing work that has gone through our formal internal sign off process, QAQC, arithmetical checks and is to the high standard both myself and my company expect.

Answer 50

It can be an efficient route to obtaining a contractor.

Answer 51

I advised my client that this would not be beneficial to them as without competition you cannot be confident that you have the best value for money.

Answer 52

Payment ERs take precedence over CPs Retention

Answer 53

At the commencement of the project I sent a valuation payment schedule to the contractor and ensured they understood the dates to be adhered to. This set out the date when the application for payment was expected. The due date was 7 days after this, when works were expected to have been valued. 5 days after this was the payment notice date when the amount considered to be due is stated. 14 days after the due date is the final date for payment. 5 days prior to this is the pay-less notice date.

Answer 54

I advised my client that survey results should be acquired prior to tender as the unknowns that these could raise could be significant as there is no prior indication. My client was keen to continue. In the future, I would proceed with my initial response and always strongly advise to acquire survey results for cost and programme certainty prior to tender.

Answer 55

This was based on a costed risk register. This was kept at 20% of the contract sum due to the risk of demolition and groundworks etc.

Answer 56

I did not, I just quantified and substantiated the options.

Answer 57

They were presented in a VE meeting via a VE log that described the VE, the saving, any value added and whether the item was accepted or not.

Answer 58

To assess acceleration, I ensured the rates were in line with the contractually agreed rates, using dayworks and weekend working rates that had been provided and included in the contract. I verified labour on site and requested evidence including signing in and out sheets, waste tickets, I verified correct plant on site and plant hire evidence etc. I valued as I would any other valuation.

Answer 59

Proportionate Procedure Top Level Commitment Risk Assessment Due Diligence Communication Monitoring and Review

Answer 60

Rule 3: Quality and diligent service Eg: QAQC process

Answer 61

Set out how to be a competent QS clearly, easy to follow and understand, set out how to provide a diligent, honest and ethical service and not bring the institution into disripute. Uphold the values and standards of the surveying practice globally and RICS as an institution. Measurable way to assess members.

Answer 62

Can accept gifts up to value of £75 Must declare on gifts and hospitality register Above this must seek prior approval and must be able to prove that it has integral business rationale behind it, overall would advise reject as although it may not affect impartiality or ability to impartially carry out role, it may be perceivable either at present or in the future

Answer 63

Decline Report to line manager Escalate through whistleblowing policy Document the incident May need to notify authorities, and RICS Seek legal advice Conduct an internal investigation

Answer 64

Important to keep anonymous to keep the process fair, to ensure no tenderer has an advantage and upholds the integrity of the competition and protects proprietary information of the bidders. Any information is shared with all to ensure no tenderer has a advantage over another as this knowledge is presumed to be absent from the tender info so needs to be shared for all to keep it fair and transparent.

Answer 65

I have experienced multiple VE workshops including UOB NCDH, UOO Le Gros Clark, UoL Adrian Decant I ensured prior to have issued an agenda clearly setting out in an email what we set out to achieve i.e. best value for money options and reinforcing this at the outset of the meeting. Should this be lost throughout I further reinforce it. I conclude and then follow up in writing to evaluate if the requirements have been met and communicate following discussions with my client, if there needs to be further VE work at this stage.

Answer 66

I always ensured to communicate with my client initially, having assessed and advised where I believe rates and fair and reasonable. I ensure to understand their stance as I am representing them as the QS but aim to have a win-win negotiation so both parties come away satisfied and maintains a good team and client contractor relationship for present and future working conditions. By having this understanding I am aware of where I am willing to compromise on certain variations, as long as it can still be evidenced and substantiated by the contractor.

Answer 67

This will indicate the profitability of the job and help inform whether the fee proposal was accurate, for reference on future bids. Above= less profit, below= over estimated fee or not meeting clients expectations.

Answer 68

Assets e.g. current (cash), non-current (property), intangible (softwares), investment Liabilities e.g. current (short-term debt), non-current (bonds, long term debt) Equity Overall - common stock, retained earnings

Answer 69

The Notice of Adjudication is the first formal step in the adjudication procedure. The appointment of an adjudicator must be secured within seven days from service of the Notice of Adjudication. The parties can agree on an individual to act as the adjudicator or, if agreement cannot be reached, the party who referred the dispute to adjudication may make an application to an Adjudicator Nominating Body (ANB) who has 5 days to respond and appoint. The referral notice must be served within seven days of service of the Notice of Adjudication. The Construction Act sets out a tight timetable: the adjudicator's decision must be made within 28 days of service of the referral notice. Invariably, however, the adjudicator will require the responding party to serve a response, typically within seven days of the referral notice. Requests for this to be extended to 14 days are usually agreed. The adjudicator is required to reach his decision within 28 days of service of the referral notice. This period can be extended by a further 14 days if the referring party agrees, or can be further extended if both parties agree. The decision is final and binding, providing it is not challenged by subsequent arbitration or litigation. Even if the parties intend to pursue court or arbitration proceedings, they must in the meantime comply with the adjudicator's decision

Answer 70

Yes, has to be objected further through litigation

Answer 71

Encourages more creative thinking, more backgrounds, more ideas, creative thinking = better project delivery and overall better project or business success

Answer 72

They provide a structured framework for reducing the environmental impact of building projects and promoting sustainability throughout their lifecycle. Recognised globally Easy to follow and understand how to meet requirements Positive before, during and after project

Answer 73

Can understand operational costs and end of life as well as capital costs. providing a holistic financial analysis that considers all costs associated with a project or product throughout its entire lifecycle, from design to disposal. This approach allows for better resource management, informed decision-making, and ultimately, more sustainable choices that balance economic and environmental factors. Looks more at economic pillar of sustainability

Answer 74

WLCA: Looks at the overall carbon footprint/value of an asset from inception to completion, looking at embodied carbon of materials, operational carbon of both construction and use, and profiling carbon output of end of life. The value this provides is it indicates the carbon footprint of an asset and can inform design decisions to optimise this and produce the lowest carbon asset possible long term. Becoming increasingly important. Refer to most recent prof statement by RICS 2nd edition

Answer 75

It depends on the project and data available. As a standard if available I would always use in house as I am aware of where it has come from, details of the project, abnormals, site etc and tendered rates however this is not as known when dealing with BCIS or spons

Answer 76

Design development Construction Employers Change Employers Other I would include as a percentage allowance early on and decrease through the stages. It is included under NRM1 13

Answer 77

General design development Scope creep Spec development

Answer 78

Floor finish Using timber wall finish Use of software to improve efficiency

Answer 79

Different frame and foundation costs Cost of different sustainability options put forward Comparing different shapes and sizes initially to help inform design I produced a report to present these, comparing in an exec summary table and then setting up a meeting to present to the client This meant the client could deeper understand the what the report indicated

Answer 80

Originally prior to the frame type being decided upon, piling had been the selected substructure. However, it was determined with regards to the client's requirements this was not suitable in terms of cost and sustainability. Therefore pad foundations were selected. I costed these by enumerating them and building up a rate. To cost a pad foundation, you'll need to consider several factors, including the number of pads, their size, and the materials used. You can estimate the cost by looking at average rates for pad foundations per pad or per cubic meter, and then factor in any additional costs like excavation, formwork, and labour.

Answer 81

Initial feasibility estimate Then 2 per stage Order of cost between 0-2 Then formal cost plan and interim cost plans at stage 3 and 4

Answer 82

As this project was a refurbishment, asbestos was a risk, at the time market volatility was risk, potential delay in procurement of materials, meeting MEES standards, site access on live campus, supply chain issues, geopolitical unrest

Answer 83

I took the TPI for the location and year at the time of the cost plan. I used the base date index also I used this to calculate the Tender inflation and construction inflation Percentage Change = ((Tender Date Index - Base Date Index) / Base Date Index) * 100. Constrcution inflation: Percentage Change = ((Mid Point Index - Base Date Index) / Base Date Index) * 100. Can also use RLB's or own internal activity and market outlook to obtain TPI

Answer 84

Consideration Offer Acceptance Legality Capacity

Answer 85

On Keele IC7 I produced the contract docs I included: JCT D&B 2016 Schedule of Amendments Preliminaries Pricing Document (CSA) Employers Requirements Architectural Information MEP Information Civil Information PCI Supplementary Information Contractors Proposals

Answer 86

Run off cover is 12 years in the case of a breach of contract or claim, meaning longer protection

Answer 87

Contractor submits application for payment which triggers payment process (interim valuation date) 7 days to due date 5 days to payment cert 14 days from due day is payment date 5 days prior to payment date pay less notice to be issued

Answer 88

In D&B wait until application is submitted

Answer 89

Ensure listed in the contract Ensure to have a vesting certificate in place Ensure stored separately in a safe place, with correct labelling and ensure correct insurances are in place.

Answer 90

Contract Design Submission: approval status A (Full acceptance), B (works can commence as long as comments are complied with), C (works cannot commence until corrections made, otherwise rejected) Novation but retain a client design guardian SAME FOR CDP

Answer 91

Pad foundations for timber frame or steel frame buildings will need to have a means of securing the framework to the pads, such as bolts that are cast into the surface of the pads, or sockets for the framework to be secured into.

Answer 92

These are the costs required to carried out the construction works. This includes labour, plant and materials etc. Preliminaries are essential for effective project planning, management, and cost control. They provide a foundation for the construction process by addressing administrative, logistical, and operational aspects.

Answer 93

Defects liability period Typical amendments: payment terms, defects liability period and retention percentage. Amendments have to be agreed to by both parties, so they can be considered as fair as they are agreed to. Often they are amended in favour of the employer but if agreed to then they can only be viewed as fair.

Answer 94

This is 3 months. If the contractor didn't issue/agree FA within this, then it is down to the CA to issue FA statement based on their view.

Answer 95

14 days for payment, amended to 28 days for the benefit of the employer acquiring funds for payment.

Answer 96

Sectional completion is contractual - sections written into the contract, dates of sections must be met contractually, insurance is the responsibility of employer once handed over section, LADs apply, contractor must abide to dates Partial possession - non contractual, insurance still responsibility of contractor, employer cannot claim LADs if date is not met, date not agreed, contractor does not have to abide Early use of building: can be agreed

Answer 97

Notice for non-completion Notice of delay: The employer must then serve notice on the contractor, specifying the period of delay and the rate of LADs to be applied. The calculated LADs amount can be deducted from the next payment using a payless notice. Refer to Damages for delay to completion RICS practice information

Answer 98

I would not calculate it, would be advised by the employer. Could be loss of rent, leasing alternative accommodation if the construction is for the owner occupier, continuing construction fees etc Refer to Damages for delay to completion RICS practice information

Answer 99

I agreed this following the appointment of the contractor, to ensure that the split of the contract sum was correct and valid and ensure no double quants etc. This is important to do with LADs, retention etc upon completion and carrying out valuations.

Answer 100

Under DB, have 12 weeks.

Answer 101

Delay was 2 weeks, caused by delay of instruction of changes. However, this was found to not be the case as the work had been instructed, with the cost to be agreed at a later date.

Answer 102

The date for completion would be recognised contractually as amended. This means PC is not required, with all its means, until this date. Loss and expense- only if it is a relevant matter. Estimate using either Hudsons formula or estimated weekly rate of prelims. (Overheads & profit percentage / 100) x (Contract Sum / Contract Period) x (Period of Delay) This enables contractor to recover direct loss and expense for events that cause delay or disruption to the regular progress of the works. This is provided that the event is or can be proved to be caused or having been derived from the actions for which the client is responsible. Once an amount of loss and expense is ascertained, the payment provisions under the JCT building contracts require those ascertained amounts to be included within interim payments. This requirement emphasises the need for prompt application and ascertainment Refer to ascertaining loss and expense practice information

Answer 103

An accurate cost report in construction is crucial for informing clients about project costs, facilitating cost control, and enabling informed decision-making throughout the project lifecycle. It helps prevent cost overruns, ensures proper resource allocation, and supports financial planning, ultimately contributing to project success. Refer to RICS cost reporting practice information I include: Contract sum Approved Variations Anticipated Variations Prov sum expenditure Damages Adjustment of risk allowances

Answer 104

- Asbestos. - Long lead items and procurement difficulties. - Stakeholder action delays project. - Market conditions - Regulatory approvals delayed - Delay co-ordinating AV and IT installation

Answer 105

If the interim valuations are exceeding cash flow then this can signify that the contractor may be frontloading in their valuation, or there may be more materials on site being claimed for than necessary. This could indicate the contractor is suffering financially and is front loading for their own cash flow benefit. This signifies the importance of accurate valuations etc.

Answer 106

Project Name Date Employers Agent Name and Address Contractor Name and Address CAI number CAI title CAI Description Addition/Omission Cost Impact on programme Adjustment of clause if necessary Signatory box

Answer 107

Contractor responsible for design, discrepancy in CPs are responsibility of the contractor. This transfer means the contractor is responsible for any design-related issues, potential cost overruns, delays, and defects.

Answer 108

Risk Description of risk Owner of Risk Date Impact on project PRE MIT Likelihood of occurring PRE MIT Mitigation Impact on project POST MITIGATION Likelihood of occurring POST MITIGATION Other information Open or closed Cost Implication Programme Implication

Answer 109

a risk management tool used to estimate the potential financial impact of uncertain events Would have to understand the information available, obtain a rate from cost date sources and baseline against this to get an indicatory value to include.

Answer 110

Defined: scope and some details unknown so an allowance is made, however enough information is known to programme the works in and contractor is expected to have included allowance for works in prelims. No EOT. Undefined: scope and details completely unknown so an allowance is made, however not enough information is known to programme the works in and contractor is not expected to have included allowance for works in prelims. May be entitled to EOT. PC Sum: budget allowance for an item of works from a specified nominated subcontractor. Just specific details of product unknown.

Answer 111

Under JCT Contract: provision is made in the payment clause for materials and goods to be incorporated in interim valuations. The contractor normally provides a schedule of materials within their application. This enables me to understand what is being claimed, which I can verify when I visit the site. Check that materials had been stored, protected and secured from theft. Should be in line with the programme and not prematurely delivered to site. Delivery receipts and invoices should be cross checked. Ensure that the value of measured works and materials claimed do not exceed the value in the pricing doc.

Answer 112

a legal document that formally transfers ownership of goods or property from one party to another, usually upon payment or completion of a specific event It is therefore the Contractor that will need to obtain the Vesting Certificate from the Manufacturer in your favour . This Vesting Certificate will then create the direct contractual relationship between the Manufacturer and you that is necessary to transfer ownership of the Listed Items in you . To use a vesting certificate as evidence for a payment request, it should include the following: * Dated on/before the grant end date * Clear description of items listed, including their quantity and value * Payment schedule accompanied by an invoice(s) or other proof of payment (eg. remittance advice). * Purchase Order showing the mandate to the supplier for a specific item, quantity, value, and delivery address * The supplier’s purchase order acceptance showing the order agreement at the stated conditions (can be via email or signed contract) * The latest delivery communication from the supplier (on supplier’s letterhead) confirming the delivery date of the items ordered * Accompanying invoice or other evidence to show the costs have been incurred.

Answer 113

* Section 80 Demolition Notice in accordance with 1984 Building Act: The notice must be submitted to the Local Authority six weeks before the intended demolition date. The Local Authority then has six weeks to respond with appropriate notices and consultation. If no response is received within this time frame, the demolition can proceed. * Asbestos survey * Refurbishment & Demolition Survey * Service Isolations * Site segregation hoardings * Structural Investigation and Site Appraisal * Health and Safety Assessment * RAMS * Method of demolition and Demolition Plan * Site Waste Management Plan

Answer 114

No, not typically. I joined the project at stage 3. I am aware however why this contract was selected. Time was critical and it was key for early possession and completion, so this route was preferred. Also for the transfer of ground condition risk to the contractor. Contractor was also involved in ground remediation design on this project. Contract selection should be decided on a project by project basis. Minor works/Intermediate may be more suitable or a demolition specific contract. There are the National Federation of Demolition Contractors Form of Direct Contract 2023. This is more suited to demolition. Issue with this is no experience administering the contract.

Answer 115

Defect rectification period: Instead of rectifying defects, the contractor may be required to undertake remedial actions if the demolition work causes unforeseen issues, such as structural damage to adjacent buildings or ground contamination. I would use non negligent insurance under Clause 6.5 of the Contract. I would insure the existing buildings under Option C and then have non negligent insurance for the works.

Answer 116

There are the National Federation of Demolition Contractors Form of Direct Contract 2023. This is more suited to demolition. JCT: though the JCT Minor Works Construction Contract 2007 does not cater specifically for demolition activities, it is relatively straightforward and less biased (than the NFDC form) towards the contractor. A prudent employer will probably wish to amend one or other of these contract forms either to make them less contractor ‘friendly' and/or to make them demolition industry

Answer 117

My pre-tender estimate was submitted as part of the supplementary information for the application. I understand that this is not part of my realms but I ensured to work as part of the project team and help the compilation of information where required.

Answer 118

The initial quotation acquired by the contractor came back higher than expected. As this was not part of their expertise, I asked for them to acquire other quotations in the process and I also acquired quotations to compare these rates to market test and ensure the original submitted quotation was in line with market rates. To stream line it going forward: could do it as an open book?

Answer 119

I advised my client of this risk. As this stage of the project was being procured separately to the new build elements, there was more likelihood to acquire the additional funding for this stage of the project for the omitted works than at this point. I understand that this is not effectively reducing costs, but as the two cost limits were being treated separately, it was feasible with this scheme. I understand that this is not scope reduction in its truest form but the scope of this contract was reduced.

Answer 120

As I highlighted earlier, the programme was stretched. Testing on the material and ground conditions surveys had not been finalised. It was unknown whether it could be reused earlier so the higher cost had been included as it had not yet been established as suitable for fill material.

Answer 121

Yes, if excessive If the contractor experiences delays due to noise, they need to promptly notify the contract administrator (usually the employer or their representative) in writing. This notice should clearly outline the specific reasons for the delay, the impact on the project schedule, and any relevant supporting documentation. The contract administrator will assess whether the delay caused by the noise is a relevant event and whether an extension of time is warranted. They will consider the specific circumstances of the noise, its impact on the work, and the contract's relevant clauses.

Answer 122

Noise had been included as a clause in the preliminaries. This was contentious as where the noise was stopped, the levels were not above that stated in the preliminaries. This may therefore be in the responsibility of the employer for not adhering to the contract.

Answer 123

Yes under JCT the contractor must take all reasonable measures to mitigate the delay and raise awareness of the delay as soon as it becomes apparent.

Answer 124

I advised my client of this risk. In the future, I would always endeavour to progress with the EOT claim in the interest of my client. However, despite advising my client of this, they were keen to progress as there were other delays noted on the EOT claim that were their responsibility. This may have resulted in them not being eligible for claiming LADs. Therefore, although I recognise that this is a risk, I had advised my client of this, and to some extent my client was culpable for the delay and they were keen to complete and keen to accelerate.

Answer 125

To ensure that it offered value for money, I valued as I would value any other variation. I ensured that the rates were in line with the contract CSA rates, including weekend working and daywork rates where necessary. I requested sign in and sign out sheets from the site to affirm that the labour claimed for was on site as claimed for. I ensured I verified where plant was on site, how long, as was claimed for etc.

Answer 126

Client owns the risk unless amended

Answer 127

Life cycle costing is looking at the cost of the building/asset from a holistic perspective, looking at the costs up to end of life. It includes for the capital construction cost, maintenance, operational costs, repair and replacement and end of life/ deconstruction costs.

Answer 128

Aware of the rationale behind the data and the project specifics which can help understand the relevance and suitability of the data beyond it being a similar type, understanding what the project is, how it was undertaken, when, what the site was like, any abnormals involved in that project etc, which you would not have with BCIS alone.

Answer 129

Loose FF&E, migration costs, client direct costs, prof fees, Asbestos and VAT

Answer 130

No, it depended on the size and spec of the room, as some rooms were larger than others. EG: Standard, premium, studio. A flat rate would not have been representative of all the specs, and could’ve left the estimate inaccurate.

Answer 131

For the nature of the study, the client requested it to be presented in a cost per bed functional unit basis. There was no design at this stage other than no of beds so I could only work with the information available. As the design developed, I would produce a works specific elemental breakdown. Also gave perspective in terms of economies of scale.

Answer 132

Would need more design information, rates would be acquired from in house project data, BCIS and if no other data was available, spons.

Answer 133

* Material fill for retaining walls * BIM for streamlining design processes

Answer 134

Client design team

Answer 135

No, I was purely responsible for collating, costing and advising from a commercial perspective.

Answer 136

Dependent on client requirements: time, cost, quality and risk and where the client drivers are in accordance with these requirements drives the procurement route selected.

Answer 137

Pre-construction services agreement It is a contractual document used at stage 1 to enable clients to employ contractors prior to the award of the main contract. They will define the services (scope) required by the contractor during the pre-construction phase and will be similar to a consultancy agreement. They will set out a timescale for the work, exit mechanisms, copyright of the design info etc. They will also set out method for payment and provisions for deferred payment. JCT PCSA 2016.

Answer 138

Pre-qualification questionnaire 1. General information: Name, address, and contact information of the bidding company Legal structure of the bidding company (for example corporation, partnership) Company registration details, including company number and registration date 2. Financial information: Annual revenue or turnover for the past three years Details on financial stability, including current assets, liabilities, and cash flow Evidence of financial soundness, such as audited financial statements or bank references 3. Technical capabilities: Description of the bidder's technical expertise and capabilities relevant to the project Information about available equipment and resources Details on the technical qualifications and certifications of key personnel 4. Experience and references: A record of past projects or contracts similar to the one being bid on Client references or testimonials from previous projects Information on any subcontractors or partners involved in previous projects 5. Quality assurance and compliance: Explanation of the bidder's quality control and assurance processes Details of any industry-specific certifications or standards the bidder complies with Disclosure of any legal or regulatory compliance issues or disputes 6. Health and safety: Information on the bidder's health and safety policies and practices Documentation of any accidents or safety violations in the past Certifications related to health and safety standards 7. Social value and environmental practices: Description of the bidder's environmental policies and sustainability practices Documentation of any environmental awards or certifications Information on environmental initiatives undertaken by the bidder 8. Insurance and risk management: Details of insurance coverage, including types of coverage and coverage limits Information on the bidder's risk management practices and procedures Evidence of claims history and insurance carrier information 9. Legal and regulatory compliance: Information on any legal actions, disputes, or litigation involving the bidder Details of any sanctions, fines, or penalties imposed on the bidder Evidence of compliance with specific legal or industry-related requirements 10. Declaration and certification: A declaration of the bidder's accuracy and truthfulness in providing information

Answer 139

Credit checks, Dunn and Bradstreet reports, Ratios Although at a high level I can observe these, this is beyond my expertise so would get Credit reference agencies or finance team to carry these checks out to ascertain the financial stability of the contractor.

Answer 140

Importance is on the comparison being fair and reasonable and transparent I would initially do a mathematical and check for obvious errors. I would be analysing from a commercial perspective, so I would create a tender reconciliation to assess the returned tenders on a like for like basis and compare to the PTE. I would highlight any outliers or any areas that need clarification. I would put together a tender clarification log for each tenderer that can be issued back to the tenderer to clarify any of the issues or the errors in the returned tender. Overall I am to assess the it is commercial bona fide tender to be able to make a fair and reasonable assessment on a like for like basis to provide comprehensive commercial recommendation. I would produce a tender report to advise my client of my findings.

Answer 141

Title Page Contents Page Executive Summary Introduction – background to project, overview/background of tender process, who, what, when and how of tender Tender returns- Commercial comparison (often as table) to present the commercial aspect of the tender. This would be pre and post clarification on a like for like comparison basis. Detailed summary of each tenderer including their return, any points of discussion, any important clarifications, any other information that may be relevant e.g. exclusions etc, overall rating of whether the submission was bona fide. Conclusion- this is where I would summarise findings and make my commercial recommendation. I would append any supporting information, post clarification logs and quality assessment received from the design team as an appendices to my report.

Answer 142

The general position (under common law) is that should it be found that there are adverse ground conditions at a site, the risk and any associated costs sit with the contractor. This is because it is for the contractor to determine and decide whether it is capable of constructing what it has contracted to construct having considered the physical ground conditions of the site. Given that the contractor is viewed to have satisfied itself that it can complete the project, the contractor is therefore responsible for any additional costs that are as a consequence of any adverse ground conditions that may be discovered. I would advise my client that they may need to seek legal advice on the matter as it may be an issue that leads to dispute and may need negotiating. As the JCT D&B 2016 is silent in respect of ground condition risk allocation, any dispute that may arise between the parties concerning this issue will follow the general position that the contractor will take the risk. Please note that whilst this is the standard position and the contractor accepts the risk, the contractor may have a claim against the employer for misrepresentation or breach of warranty should the contractor have relied on information the employer provides that is subsequently established to be incorrect. Additionally, the parties to a construction contract are free to negotiate whatever additional terms that they may agree, and thus amendments to the JCT form or bespoke contracts may expressly deal with the responsibility and risk of adverse ground conditions. Within its update, JCT has included provisions to deal specifically with certain ground conditions, which were absent from its 2016 edition. This may be as a result of JCT acknowledging the developing market trends, which has seen contractors regularly reject employers’ efforts to allocate all risk to them for adverse ground conditions. However, whilst the 2024 edition does include new provisions to document the allocation of risk for specific ground condition issues, these specific issues are limited in number. Consequently, this leaves the parties to determine many other ground condition risks that may materialise during the course of a construction project.

Answer 143

The project was complex so it is useful to obtain input before there is sufficient information available for the main contract. This enables early input between the main contractor and client, helping to ensure design and cost certainty, accelerating the project timescales. This initial phase allows the contractor to submit details under a pre-construction agreement and includes aspects regarding project preliminaries, method statements, design, overheads, and profit. * The project doesn’t have to be fully designed and costed before they can start procurement for the project, thus reducing costs. * Shorter timescales required to get a contractor appointed. * Due to the shorter timescales, the client would benefit from contractor early engagement which could result in project costs being reduced through a Value Engineering Process. * The collaborative approach breeds greater communication with the client and the clients team, which can result in improved outcomes. 2 stage takes out competition in 2nd stage? – often negotiated - open book negotiation to agree and market test packages To control this – can have exit clause included, design submission approval: A,B and C

Answer 144

Order of cost estimate is produced as an estimate when the design is less developed at RIBA stages 0-1 and maybe 2. It is often on either cost per m2 basis or a basic elemental breakdown. Contingency and risk allowances would be expected to be higher. A cost plan is a more detailed estimate of cost produced from RIBA stage 2-4 . It either uses NRM1 or 2 depending on detail and use. It will be a full elemental breakdown based on more detailed design.

Answer 145

I would always endeavour to use the contract rates to ensure the variation is in line with these. Should these not be applicable, I would obtain quotations to market test the variation cost provided and ensure that it is fair and reasonable and ensure it is value for money for the client. I would also check and verify the correct OH&P percentage is used.

Answer 146

Under clause 5.6 to 5.10 These rules typically prioritize using rates and prices from the original contract If addition or omission is the same as or similar to the work in the scope of the contract, but also allow for fair valuations or, in some cases, daywork valuations if the work is not of similar character or conditions.

Answer 147

How you value: Check in line with programme, materials should only be delivered in line with programme and cash flow, check not frontloading, check stored safely, away from other materials, stored correctly, correct quantity, as and when. Clause for on site materials Materials on site generally will not affect the cash flow forecast, unless the contractor is bringing on more materials than envisaged. This may be a cause for concern on its own merits in relation to contractor insolvency. The quantity surveyor should not allow payment to be made for materials which are brought onto site well in advance just to boost the contractor’s cash flow. A cash flow forecast should be carried out on the assumption that materials will be brought onto site as and when required unless otherwise stated. There may be occasions when materials do have to be on site well in advance of use in the construction. This may be, for example, to reduce delivery costs for a product from abroad by bringing all shipments in and storing them, or if there is general concern regarding availability of supplies and the contractor wants to secure these. These issues should be considered early on and amendment should be made to the cash flow

Answer 148

The employer owns the material on site should the contractor suffer insolvency.

Answer 149

This was how the client requested the information was presented. I used a cost per m2 for social spaces and common access areas and there were separate common use buildings that were costed at a cost per m2 and external works. In the cost plan these were separated as separate line items to ensure all areas were accounted for and I made sure my inclusions, exclusions and assumptions were clear and clearly communicated when presenting to my client.

Answer 150

In construction, accounting for mix changes typically involves tracking variations in material and labor costs and incorporating them into contract price adjustments. This often happens through fluctuation clauses, which allow for adjustments to the contract sum based on changes in the cost of resources.

Answer 151

IPMS – International Property Measurement Standards International standards that set out how standards across the industry to ensure consistency of measurement when cost planning and ensure the how measurement is defined is consistent. EG GIA, NIA, NEA, BUA etc This ensures that when producing cost plans, no matter who, where, what or how there is a standard and a consistency that is adhered to.

Answer 152

NEC: Collaborative, less legal jargon, compensation events (time and money), early warning notices, early warning register, Project manager JCT: More legal jargon, CA or EA, relevant events and relevant matter

Answer 153

Can consult RICS EOT Practice Information 2nd Edition 2015 Under 2016: Clause 2.27 The employer must respond to the contractor's notification within a specified timeframe (e.g., 12 weeks in some JCT D&B versions, potentially shorter in later versions) and make a decision on whether an EOT is warranted. Under 2024: Under JCT Design and Build (D&B) 2024, the Employer has 8 weeks to respond to an EOT claim after receiving the notice and particulars from the Contractor. However, the Employer must also notify the Contractor within 14 days if they require additional information to assess the EOT claim.

Answer 154

* LADs cannot be claimed * Insurance now responsibility of the employer * Defects Liability Period begins * Half retention release

Answer 155

No PC cannot be withdrawn, unless appealed and overturn through formal dispute resolution procedures.

Answer 156

You can expect to see o Assets e.g. current (cash), non-current (property), intangible (softwares), investment o Liabilities e.g. current (short-term debt), non-current (bonds, long term debt) o Equity Overall - common stock, retained earningsWhere would you find this information?

Answer 157

Business plan sets up where you want to be and how you plan on getting there. This may include the following: Turnover Profit Margins Growth – staff recruitment, numbers etc Sectors you want to work in Clients you want to work with/ continue to work with

Answer 158

So I would endeavour to use written communication as it is traceable, recorded and more formal. This is more reliable, especially in the instance where a dispute may arise and it may need a record/ impact the contract. I would do this when communicating a cost plan to the client and in the case where it is oral, I would then follow up with written communication.

Answer 159

Adjudication process: One party requests adjudication to commence, the other party has 7 days to respond and provide information. 28 days a binding decision must be reached. Only through litigation can it be appealed and overturned, otherwise the decision made by the adjudicator is legally binding.

Answer 160

Storage Limitation: Data should not be kept for longer than necessary. Data Minimization: Only the necessary data should be collected and stored. Lawfulness, Fairness, and Transparency: Organizations must be upfront about what data they collect and how they will use it. This includes informing individuals about their rights regarding their data. Accuracy: Data must be accurate and kept up-to-date, with individuals having the right to have inaccurate data corrected or deleted. Rights of Individuals: Individuals have the right to access their data, request corrections, and request their data be deleted or restricted from processing.

Answer 161

Unconscious bias is a predetermined opinion or judgement towards an individual or situation that may impact behaviour towards this without conscious thought as a result of the precedence. e.g. assuming an older individual will be less competent with technology.

Answer 162

Disability, pregnant women, race, religion, gender, age

Answer 163

Yes, several key updates to sustainability legislation are impacting construction and other projects. These include stricter waste management rules, mandatory Biodiversity Net Gain (BNG) requirements, and increased focus on renewable energy and energy efficiency, particularly in new builds. These changes require a proactive approach to ensure projects meet new environmental standards and reporting obligations. MEES: Minimum Energy Efficiency Standards have been introduced. This means that these new standards have to be adhered to 85% commercial 75% residential RLB article of Environment Act 2021 and how it will affect built environment

Answer 164

use weekly prelim rate to project the potential cost and advise the client that this is high level but to help them have some kind of high level understanding of how much the loss and expense expenditure may be.

Answer 165

advise client to use JCT 2024 as it is updated and has important updates particularly in relation to the BSA. Otherwise it may be out of date and would heavily recommend use or use of amendments to replicate these changes in the 2016 if reluctant to move.

Answer 166

Think business planning, use turnover targets and projections in business plan to set levels of indemnity. It requires considering your industry, client expectations, and the potential risks involved in your work

Answer 167

Client name, scope of services required, resource allocated, fee breakdown, terms and conditions

Answer 168

CAI number, change title, change description, date change was raised, who by, cost implication, programme implication, approved, pending or rejected, any further detail/substantiation, comments, open/closed, psums kept separate and tracked separately. Only moved on to tracker once CAI

Answer 169

Working at height regulations 2005

Answer 170

Health and Safety at Work Act 1994

Answer 171

Hi-vis, hat, boots, safety goggles, gloves

Answer 172

PCI, RLB H&S policy, RICS surveying safely, lone working policy if attending site alone

Answer 173

When there is more than one contractor Both BSA and CDM

Answer 174

Internally: RLB market outlook and TPI calculator Externally: BCIS

Answer 175

Short and long term goals What the goals are and sets out actionable SMART plan in order to achieve the goals. What, How, When, Who

Answer 176

A plan is what you are going to achieve, a strategy is how you are going to achieve it

Answer 177

Only as long as necessary

Answer 178

Controller Processor Data Protection Officer

Answer 179

Data Protection Act is the UK regulations whereas GDPR is EU Principles are very similar

Answer 180

Lawfulness, Fairness, and Transparency Accuracy Data Minimization Purpose Limitation Accountability Security

Answer 181

Right to inform Right to erasure Right to data portability Right to access Right to rectify data Right to Restrict Processing Right to Object Right to Withdraw Consent Right not to be Subject to Automated Decision-Making

Answer 182

Building Cost Information Service?

Answer 183

Access to and use of buildings

Answer 184

Equality Act 2010

Answer 185

I am part of the women in property organisation and I endeavour to attend relevant CPD and treat everyone fairly and equally, in accordance with ROC 4, employee resource groups, address unconscious bias, I celebrate diversity e.g. RLB pride webinar 4th June

Answer 186

Equality means giving everyone the same resources and opportunities, while equity means providing individuals with what they need to achieve an equal outcome, acknowledging that everyone starts from different places.

Answer 187

To give a smooth level and durable surface

Answer 188

Sign off by CA/EA, PD and client CA issues PC cert Insurance now responsibility of client LADS no longer can be claimed Final valuation, releasing half retention start of defects liability period

Answer 189

No, practical completion is generally not reliant on all planning matters being absolutely complete. While it's a crucial stage in construction, it's more about the physical works being substantially complete and fit for occupation, rather than perfect compliance with all planning requirements. Minor deviations or outstanding items that don't affect the building's intended use or occupancy don't necessarily prevent practical completion.

Answer 190

Initial Notification and Record Keeping: Have to evaluate whether it is a valid EOT claim Have to evaluate whether the contractor had made reasonable effort to mitigate delay in accordance with the JCT contract Is it at an appropriate time in the programme Has it affected the critical path Is it a Relevant Event/Relevant matter Is the time as being requested for true? Make decision and communicate with break down If loss and expense claim, this should be assessed separately If uncertain if missed any steps refer to RICS black book for Extensions of Time Practice Information

Answer 191

I know they are carrying out 2 consultations currently: Ethical use of AI in the construction industry Countering Financial Crime I am also aware of amendments to the CPD framework: following 12 week consultation, standards and regs board have approved recommendations to strengthen CPD framework including mandatory topics for every 3 year (sustainability, AI, data and technology), improved member software experience, higher % of members CPD to be reviewed, more flexibility for intensive higher study Undergoing survey on skills - understanding the skills challenge and global skills survey to protect surveying skills and encouraging future professionals and existing professionals to upskill and retain talent.

Answer 192

ROC 3~: Quality and diligent service I do this by CPD and QAQC process

Answer 193

I would recognise the complaint in writing and make my line manager aware of this. On a scale of severity, I would initially aim to discuss with my client to attempt to resolve this issue without escalating. If more severe, the key client contact would attempt to formally resolve in writing within 5 working days. Failing this, it would be escalated to our internal operation director who in line with CHP would have 28 days to attempt to resolve. Failing this: escalate to ADR/ formal dispute resolution In line with CHP If severe, make PI insurance company aware

Answer 194

By advising a client that I am unable to carry out a task outside the scope of my work and expertise, it shows that I am competent in the way I act in line with RICS ROC and standards. It does not reflect on the technical abilities of my competence, but my ethical principles and my ability to abide by the ethical standards of the RICS.

Answer 195

I understand that by nature, hospitality is engrained in the way the construction industry works. When considering if to accept a gift I would refer to the RICS decision tree, company gift policy and countering financial crime anti bribery prof statement, bribery act. Factors I would consider: Time Proportionality Who Perception

Answer 196

I understand I am able to accept a gift under the value of £75, if at an appropriate time and of an appropriate individual with line manager approval, but I must record on my gifts and hospitality register. If over this value, I must declare this to my managing director to seek approval and must be able to prove the business rationale behind accepting a gift e.g. from a client at the end of a project, to encourage future business with them as it would be ruder to decline and would be unlikely to be perceived as a bribe.

Answer 197

Overall - this is at a snapshot in time; will show current and non-current of all Assets Equity Liability Assets = Liabilities + Equity.

Answer 198

Financial gearing ratios Profit and Loss ratios Liquidity ratios Can also do soft/credit checks and dunn&bradstreet reports

Answer 199

In terms of a business cashflow is critical in understanding the incomings and outgoings of a business, to understand fee drawdowns, resource allocation and when to bid for work etc. It can also be an indication of how the company is doing in a sense of commercial success. In project terms a cashflow is important to monitor the progression of the work and assess how the project is performing in regards to the forecasted cashflow. This can help the client prepare adequate funding and understanding the spend profile of their budget etc.

Answer 200

Adjudication is a right under every construction contract governed by the Housing grants construction and regeneration act 1996 whereas arbitration has to be nominated in the contract as one of the CP's and is governed by the arbitration act 1998 Arbitration is a longer, more formal process that is typically more costly with adjudication only taking 28 days to reach a legally binding decision. Adjudication is assessed by an adjudicator whereas arbitration is an arbitrator. Arbitration can address broader legal and factual contentions and has More procedural flexibility, allowing parties to agree on rules regarding evidence, hearings, and other matters. Adjudication follows a stricter framework.

Answer 201

From experience, negotiation should aim for a win:win solution, which will always be in the client's best interest in terms of present and future working relationship, reputation and overall satisfaction. When preparing for a negotiation, I endeavour to understand my client's aims going into the negotiation, their ideal outcome, where they are limited to and where they have sway perse in their scope e.g. when agreeing a final account I would have a best and minimum level that I'd be willing to agree. I will understand the other parties position and any supporting evidence to this which I will review and respond to. From experience, I always undertake negotiation face to face to minimise barriers to communication and enhance rapport. I would not be aggressive or passive aggressive but convey my side with clarity and conviction. Once an agreement had been reached, I would always ensure my client is satisfied and follow up in writing and minutes of the meeting.

Answer 202

It inspires creativity and productivity, and by bringing a collection of experiences, backgrounds and cultures together, it brings a wealth of knowledge that can contribute to broaden the ideas collated and optimise the approach taken towards a problem or task and enhance likelihood of success.better equipped to make well-rounded decisions. Use deloitte study example: 87% better decisions

Answer 203

Ensuring all individuals are treated fairly with equity and feel an equal sense of belonging no matter who they are, what their background.

Answer 204

Order of Cost estimating and cost planning for Building Maintenance work

Answer 205

This is an estimation of the works cost typically between RIBA Stage 0/1 using NRM1, based on more limited design detail, so will either be cost per m2, cost per functional unit or a higher level elemental breakdown. I would include a higher contingency, based on the NRM 4 risk categories, that at later riba stages as the design is less conclusive and still has unknowns etc that may implicate the cost and therefore budget. I would include for Prelims, OH&P, Abnormals and other project costs. Dependent on the client may need to include for prof fees, client direct costs etc. I would also include tender and construction inflation When issuing I would produce a full detail of my allowances, inclusions, exclusions, assumptions, information used and TPI etc. I would also include a GIFA/NIA breakdown

Answer 206

MEES commercial - 85% residential - 75% Net to gross Wall to floor area

Answer 207

A PTE is useful to understand prior to tenders coming in how the tendered design compares to the client's budget. The pre-tender estimate (PTE) serves as a benchmark to compare against the actual tender bids received. It helps determine if sufficient funds are available before going out to tender. A PTE helps identify potential issues or discrepancies in the design or budget early on, preventing costly variations later. It also ensures a well-defined design package is sent to market, leading to more competitive and accurate pricing from potential contractors. Typically as a company we have always endeavoured to acheive a 5% PTE range from our estimate and the tender returns. Post return it is useful to analyse current market conditions and PTE also helps to compare the returned tenders for the best value for money (for acceptable risk exposure), particularly when the procurement route is single contractor negotiation.

Answer 208

It is a holistic assessment of the costs above the capital costs looking at the life cycle of the building, dependent on the project, inclusive of replacement, operational, maintenance and end of life costs. It looks at the cost over the entirety and appreciates accumulation of interest and inflation but discounts to present day value to assess what the asset will cost the client today. This can help to assess the affordability, return for investment and on a further level help inform design choices etc for client economic sustainability.

Answer 209

From experience, I always endeavour to use in house cost data first. These are reflective of tendered market rates and I have more of an understanding of the nature of the scheme and its relevance/suitability to the scheme I am costing, which I do not have the same detail of for on BCIS.

Answer 210

D&B contract itself: Recitals Articles Contract Particulars Attestation Schedules Agreement Conditions: Section 1: definitions and interpretation Section 2: Carrying out the works Section 3: Control of the works Section 4: Payment Section 5: Changes Section 6: Injury, Damage and Insurances Section 7: Assignment, Performance Bonds and Guarantees (3rd party rights and collateral warranties) Section 8: Termination Section 9: Settlement of disputes Contract Docs JCT D&B contract Schedule of Amendments Preliminaries Employers Requirements Document Design Information - Arch, MEP, Civil, Structural, Landscaping etc Pricing Document - Contract Sum Analysis PCI Supplementary Information, Surveys Any additional information e.g. VE register, risk register and programme Contractors Proposals Performance Bond/PCG etc

Answer 211

1 Design Submission Procedure 2 Supplemental Provisions 3 Insurance Options 4 Code of Practice 5 Third Party Rights 6 Forms of Bonds 7 JCT Fluctuations Option A

Answer 212

Less complex scope, MW does not allow for sectional completion, no provisions for named specialists, limited provisions for EOT and loss and expense

Answer 213

Payment terms - typically 21, 28 or 30 days Defects liability period 6 to 12 months

Answer 214

Contractor submits AFP on valuation date Within the 7 days prior to due date (best practice day of AFP or day after so it as close to as what has been submitted for) I will carry out my valuation I will produce my valuation and submit to EA EA then will produce payment notice no later than 5 days after the due date The client has 14 days from the due date to pay contractor, if they have an issue with the amount they can produce and submit a pay less notice 5 days prior to this. Must come from client.

Answer 215

Performance bond has a cost to take out, from experience 10% of contract value. Parent Company guarantee is where they have a holding company that can step in to the do the work in case of insolvency. Both provide protection for client in regards to insolvency. Performance bond ensures there is money in the case of poor performance or insolvency to employ another contractor to finalise the works. In terms of performance bonds in the market, due to market volatility, risk of insolvency, they are becoming more frequently used as a method of protection for the client. Following ISG for example. commonly used in the construction industry as a means of insuring a client against the risk of a contractor failing to fulfil contractual obligations to the client. Performance bonds can also be required from other parties to a construction contract. This compensation can enable the client to overcome difficulties that have been caused by non-performance of the contractor such as, for example, finding a new contractor to complete the works.

Answer 216

It provides a contractual link between say a client and a subcontractor that would not previously exist in the contract without one. a separate agreement where a party involved in a construction project (like a contractor or consultant) warrants to a third party (like a lender or purchaser) that they have complied with their contractual obligations under the main building contract. This allows the third party to enforce those obligations directly against the warrantor, even if they weren't originally a party to the main contract. e.g. Should the main contractor of a project fall into insolvency the subcontractor will be under no contractual obligation to accept instructions from the employer to complete the works given there exists no contractual relationship. The use of a collateral warranty in this instance creates a direct contractual link allowing the employer to give instructions to the subcontractor, ensuring completion of the latter’s obligations is achieved. Can only transfer under step in rights. Some collateral warranties can also contain ‘step-in’ rights which effectively allow the beneficiary to step in to the underlying contract and issue instructions.

Answer 217

notice by contractor of delay to progress (2.24).

Answer 218

Using the programme, the contractor cash flow and using works progressed on site i.e. my valuations and payment certs. I use my internal company standard to assess on a project by project basis to drawdown a cash flow, I can then compare this to the indicatory cash flow. It is always key to remember, cash flows are just an indication and best practice is to see for yourself on sight.

Answer 219

Breakdown of measured works: Facilitating Works Substructure e.g. standard foundations, specialist foundations Superstructure e.g. frame, upper floors, roof, external walls Internal finishes FF&E M&E Services Pre fab Works to existing buildings External Works Preliminaries tab OH&P percentage Other Project Costs- with detail of these Contractor Risk Design Fees Prov Sums Fixed Price Adjustment - construction inflation Total (Fixed cost)

Answer 220

The programmed works that have no float and therefore any delay to these will cause overall delay to the project the sequence of project activities that determine the shortest possible time to complete the project. Any delay will impact overall programme.

Answer 221

It will likely effect the time related preliminaries, and potentially fixed items, may be behind where forecast in cash flow at that point and dependent on project stage may affect whether there any claims for damages from either party. I will value up to the point on site to be accurate and in line with actual progress on site.

Answer 222

Induction training, non-bias hiring policy, CPD sessions, advertise roles on platforms for minorities, unconscious bias training, visa sponsorship? For inclusivity: inclusivie job descriptions, diversify recruitment channels, fair interview process

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