What is a quantity surveyor report?
A quantity surveyor report assesses construction costs or other building-related costs for a specified purpose. The scope differs between a construction cost assessment, a lender’s progress report and a tax depreciation schedule.
Which QS report do you need?
- Construction cost reports: project budgets and cost assessments.
- Stage inspections and progress reports: construction progress reporting against the agreed scope.
- Tax depreciation schedules: property cost and asset information for tax reporting.
What determines QS report pricing?
The quote depends on the report purpose, property size and location, project complexity, available plans and records, inspection requirements and deadline. Ask for a written scope and fee before proceeding.
Reports for a lender
Provide the lender’s instructions before ordering. A lender may have its own requirements for the professional, report format, cost assessment and inspection stages. A generic report is not a guarantee of lender acceptance.
Information to prepare
- Property address and report purpose.
- Plans, specifications, building contract and cost information where relevant.
- Current construction stage and access arrangements.
- The intended recipient’s instructions and any deadline.
Frequently asked questions
Is a QS report the same as a depreciation schedule?
A depreciation schedule is one type of quantity surveying assignment. Construction cost and progress reports serve different purposes, so tell us what the report needs to support.
How long does a QS report take?
Timing depends on the assignment, documents, inspection access and professional availability. Confirm the expected delivery date when the scope is agreed.
Can I use an existing report for a new lender?
Ask the new lender and the report author first. The original instructions, date and permitted reliance may not meet the new assignment’s requirements.