Quantity Surveyor​/Cost Manager

Job Description

The QS/Cost Manager is responsible for cost control on behalf of the Contracting Entity, ensuring effective management and control of spend, and ensuring payments are compliant with the contracting reimbursement principles (schedules of rates, bills of quantity, materials on and off site payments, etc.), as well as monitoring the anticipated final project costs. In doing so, the IQS will provide cost management and cost advice to the Claims, Contract Management and Project Management team, and ensure that the Contracting Entity achieves the project’s budgetary goals and objectives.

The QSwill undertake or review measurement of designs on and site works completed, develop the schedule of rates or Bill of Quantities, provide their assessment of on and off site materials, monthly payment certificates and package final accounts, as well as monitoring the anticipated final project costs and making recommendations for monthly payments or final accounts due ensuring Contractual Entitlement.

• Support the development of the process, procedures and policies for the Contracting Entity’s cost control standards, ensuring that the standard takes account of industry standards and any contractual terms and conditions.
• Monitor and assure compliance with Contracting Entity’s cost control standards, notifying the Programme Director and Project Manager of any non-conformance issues.
• Develop the cost management strategy for the programme.
• Reviewing the proposed contractor Key Performance Indicators for cost, spend and budget management.
• Oversee the management of variations, monthly cash flow forecasting and any amendments/variances, retention, liquidated damages etc.
• Oversee the advice provided to the Risk team of the financial impact of potential risks.
• Monitor the anticipated final costs of the programme, reviewing and approving those completed by the Cost Management team.
• Provide a route to escalation for cost control, as required.
• Support Contracting Entity’s response to contractor claims as required.
• Ensure that the Contracting Entity achieves optimum value for money in the procurement and delivery of the programme.
• Develop and maintain the processes, systems and administrative procedures necessary to support the timely and accurate dissemination of cost reports, across Contracting Entity.
• Foster relationships with the supply chain and wider industry including contractors, consultants, suppliers and professional bodies.
• Provide advice and expertise in relation to claims and disputes that may arise on construction and consultancy contracts.
• Review the schedule of rates or Bill of Quantities prepared by the cost consultants for the purpose of preparing a pre-tender estimate (budget) against the designs, commenting as required.
• Review the monthly valuation for post-contract costs, valuations, variation orders and final accounts of packages.
• Monitor, measure and evaluate the cost performance of the projects with respect to on-site progress and disclose variations and changes to the contract in liaison with the project’s teams.
• Periodically quantify work done, evaluate additional work and keep records for material wastage and contra-charges to subcontractor.
• Review cost consultant payment certificates for contractors based on the completed work and follow up for payments collection.
• Review and accept cost consultant final account recommendations and support the final account negotiations.

• 5 years plus experience in a relevant field.
• Must have a clear understanding of, and ability to work with, construction contract commercial documents, drawings and specifications.
• Strong experience of delivering technically complex and high value infrastructure projects.
• Experience of working in a comparable consultancy environment, or with a client or contractor organisation.
• Knowledge of cost management principles, methods, techniques and tools, including the standard method of measurement.
• Knowledge of policy and procedure implementation.

• Ability to work within a multi-disciplinary while ensuring that all cost management tasks are conducted in a timely and accurate manner.
• Proficient in MS Office (all…