QS Reports
At SET QS Consultants, we support clients throughout every stage of their project lifecycle.
During the Planning phase, we prepare a range of tailored estimates that align precisely with client requirements, ensuring informed decision-making based on current market conditions.
With many projects during the Approvals process, certain reports or cost plans are required to be prepared by a QS. We facilitate timely reports satisfying reporting requirements ensuring Development Applications do not stall.
We prepare reports to assist with the Financing component of developments. Our QS bank reports offer support with construction loans. Further, we assist with Progress Claims to help with managing cash flow and to keep the project running.
Our professional, accurate, and market-responsive approach ensures seamless progression from concept to completion.
Planning
Budgeting and Feasibility
Pre-Tender Estimates
Bill of Quantities
Every project is unique, which is why we prioritise clear communication and transparency to help you manage budgeting and cost complexities with confidence. Our client-focused approach ensures your project stays on track and within budget at every stage.
From initial budget estimates that set the foundation to detailed take-offs that capture every cost, we provide tailored reports and estimates to suit your project’s needs.
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We understand that getting a clear picture of project costs early on is crucial for successful planning and decision-making. Our Preliminary Cost Plans provide you with a high-level estimate, helping you navigate your construction project with confidence.
By offering a strategic overview of potential expenses, we enable you to make informed choices, optimize your budget, and ensure your vision aligns with financial realities.
Let us help you lay the groundwork for a successful project with precision and clarity.
Key Characteristics:
Preliminary Estimate of Elements
Prepared during design or concept stage
Useful for budgeting and feasibility
Great decision making tool
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Our Detailed Cost Analysis delivers precise and thorough estimates for your construction projects. We dive deep into every aspect of your project, providing a clear and comprehensive breakdown of costs.
This serves as a financial blueprint ensuring you understand all anticipated costs, helping you to make well-informed decisions, avoid budget overruns, and achieve your project goals with clarity.
Reach out so we can provide a detailed insight into your project.
Key Characteristics:
Detailed Elemental Break-Up
Can serve as a pre-tender estimate
Provides a deep understanding of costs associated with each element
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A Construction Cost Report is the most comprehensive report we prepare. It is an overview of your project's financial landscape by providing detailed insights into every cost component relating to each trade.
This ensures you have a complete and transparent understanding of your project at a granular level.
These reports will analyse specific materials used and related costs where actual quotes are obtained from trade specifics to give you the information you need to turn your project into reality.
Key Characteristics:
Comprehensive Trade Brake Up
Collaboration with other disciplines
Collaboration with Project Managers
Actual quotations included in report where obtainable
Approvals
Progress with Approval Process
QS Cost Report Required
Quantities and Costs
Different governing bodies have varying requirements for reports needed to progress your development. Engaging a Quantity Surveyor (QS) is often necessary.
We can assist with a range of reports tailored to your project. Depending on the type, scale, and value of your development, you may need one report or several.
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Currently, many developments going through a DA process require a Cost Summary prepared by a registered person/s. Different local councils set different construction cost thresholds.
Having worked alongside a large number of local councils, you can rely on us to ensure a smooth and informed process.
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As of 4 March 2024, the NSW Government introduced the Estimated Development Cost which supersedes 'Cost of Development' and 'Capital Investment Value'. These EDC’s can ONLY be prepared by Registered Members of the AIQS.
With a CQS in our team, we can assist with preparing these reports for all development types including State Significant Development (SSD) and State Significant Infrastructure (SSI).
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From 1 October 2023, the NSW government requires all new residential and all non-residential developments to report on embodied emissions under the Sustainable Buildings State Environmental Planning Policy (SB SEPP).
As registered quantity surveyors, we can assist with completing the NABERS Embodied Emissions Materials Form to comply with legislative requirements.
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Other QS Reports we can assist with include:
Earthworks Report
Waste Management
Financing
Construction Loans
Progress Claims
Cost to Complete Reports
Need a construction loan for your project? We prepare Initial Bank Reports and Progress Claims to keep your projects transparent and on track.
Our detailed reports provide clarity of your project to financial institutions, while our progress claims ensure accurate tracking and timely payments. Trust us to streamline your project’s deliverables.
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Need a construction loan for your project? Our Initial Bank Reports provide financial institutions with clear, detailed assessments of your development. These reports give lenders the confidence they need, helping you secure funding and move forward with certainty.
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Accurate progress claims are essential to keeping your project transparent and on track. We ensure every stage is measured, documented, and reported so payments are processed smoothly and on time. This clarity protects both clients and contractors while streamlining deliverables.
QS Consulting
Value Engineering
At SET QS Consultants, we provide Value Engineering consultations by systematically analyzing project elements and costs to optimize overall value. This involves evaluating alternatives to achieve cost savings while meeting client requirements.
By identifying cost-effective solutions and streamlining processes, we can help to ensure that the project delivers maximum value and efficiency, ultimately benefiting the client's budget and project outcomes.
Tender Analysis
Following our cost planning services, we strongly advise clients and stakeholders to perform a detailed Tender Analysis once tenders are received. Recent industry trends, such as pricing spikes and unexpected cost increases, make this step essential.
We've also noticed more qualifications and exclusions in contractors' pricing, which can affect tender rankings after post-tender adjustments. SET QS Consultants, with our extensive sector experience, are here to support you with tender analysis and escalation advice
In the Works: Other upcoming services to support your needs
As we continue refining our services in this early phase, we’re preparing to introduce additional offerings. Soon, we’ll be ready to provide comprehensive support with Expert Witness Reports and Capital Works Plans. We appreciate your patience and invite you to stay tuned as we expand our capabilities to better meet your project needs.