Graduate Contractors Quantity Surveyor

Graduate Trainee will assist the Quantity Surveyor in their role to value the works completed on site and control costs expended on site, in line with the Quantity Surveyor role described below:

The Quantity Surveyor is responsible for:

Minimising project costs and improving value for money, while still meeting the required standards and quality. Monitoring the cost of projects by reviewing monthly financial forecasts against the actual costs. While also recommending adjustments for variations in costs and future expenses.

Managing the Value recovered on the project, liaising with the site team to ensure all work is valued and making applications and final accounts in accordance with the Contract.

This will include:                                                                                                   

Valuations                                                                                                                             

The preparation and agreement of accurate monthly applications.                            

Variations                                                                                                                              

Valuing of variations from compiled records either from your own or by liasing with site staff & Engineers, to produce accurate build ups of rates, prices or lump sum bases for agreement prior to submission of the monthly valuations & final account.                                                                    

Cash Flow                                                                                                                             

Monitoring of cash flow against the construction programme and progress on site and keeping the client/PQS appraised of the financial outcome of the contract by issuing regular projected final account statements. This may take the form of and addition to monthly valuations.             

Final Account                                                                                                                       

Compilation and agreement of the final account, based on the penultimate valuation, work executed to completion, variations, loss and expense, and extension of time costs.                              

Cost Monitoring                                                                                                                  

Monitoring of costs on a weekly basis from site/head office records. Reviewing site operations against tendered outputs and liasing with site staff to review resource levels to minimise costs and maximise output, and feeding such information back to the Estimating Dept.       

Extensions of Time                                                                                                                            

Monitoring progress against tendered/construction programme/outputs and giving necessary written notices as may be required under the contract for and in the support of requests for extensions of time.                                                                                                                      

Loss & Expense                                                                                                                   

Monitoring progress/costs against tendered resources and giving necessary written notices as may be required under the contract for and in support of claims for loss and expense.               

Management of Subcontract Accounts                                                                        

Negotiation in conjunction with the Buyer, all necessary subcontractors, by analysis of tenders received in respect of price, attendance's, programme, number of visits, limitation of contract conditions and applicable discounts, etc. Day to day, monitoring of subcontract correspondence, in relation to cost, progress, variations, etc. Accurate, measurement of work and agreement of regular payments, including the issuing of payment notices and payment certificates for internal use and evaluation of liabilities for MCRs. Recording, written notification and deduction of contra charges & liquidated damages.                                                           

Weekly Cost Reports (WCR's)                                                                                                                         

Compilation of weekly cost breakdowns from the information contained on the site costing sheets. The QS is required to take the information provided by the Project Manager / Head Office on the site costing sheets and produce a cumulative site costing (week on week) for the project. This is to be prepared using the approved KCL WCR form and be completed as described in the standard operating procedures handbook.

Management Cost Reports, (MCRs)                                                                                              

Compilation and completion on or around the 7th of the month of MCRs up to the end of the preceding month. Reports to include accurate build ups for Work in Progress, Over/Under valuations, labour, plant, material and subcontract liabilities, reserves and claims etc.

Other Duties                                                                                                                        

Any other duties other than as described above that the Senior Quantity Surveyor may require in or additional to support of the above on this or other contracts.