THE HONG KONG INSTITUTE OF SURVEYORS
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Friday, November 16 2018 14:19:53

 
Introduction
Cost Planning
Life Cycle Costing
Value Management
Facilities Management
Project Management
Preliminary Cost Advice
Procurement Methods
Contractual Advice
Tendering
Valuation of Construction Work
Cost Control & Financial Management
Financial Claims & Programme Analysis
Dispute Resolution
Insurance Advice
 
In most construction contracts, the contractor is paid monthly. The quantity surveyor will value the work carried out each month on the project and submit a recommendation for payment.

The quantity surveyor will stay with the project right to the settlement of the accounts, when all necessary adjustments are dealt with. The surveyor will also prepare any analysis of the final account which may be required, prepare statements of expenditure for tax or accountancy purposes, and assess the project's replacement value for insurance.