BID STRATEGY
&
PROFESSIONALISM
Module Code: BNV6025
Batch – 04
Group - 08
Group Introduction…
•
Introduction about team members,
Sl. No
Name of Group Members
HCL No.
BCU ID No.
Batch No.
Group No.
1
MOHAMMED RIYAS ABOOBACKER
HCL/TECH/QST/417
22104044
4
8
2
MOHAMED HANEEFA MOHAMED NIBRAS
HCL/TECH/QST/443
22104056
4
8
3
NAGOOR THAMBY HIMRIYAS
HCL/TECH/QST/302
22103988
4
8
4
FAROOK MUHAMED SAKEEL
HCL/TECH/QST/359
22104018
4
8
5
NOOHU LEBBE SARJOON
HCL/TECH/QST/290
22103967
4
8
Introduction about company …
Horizon
Land Ltd. Is a real estate organization in Sri Lanka.
Horizon
is buying lands, developing the houses and selling houses to
clients.

Horizon Land Ltd have housing schemes including all infrastructure
facilities & common amenities.
New Project…
starting a new project is “Horizon Lotus Residencies” which
including two types of projects,
Horizon
1.
Golf Apartments (Block F,G,H,I with 10 stories)
2.
Garden Apartments (Block A,B,C,D,E with 6 stories)
03. What is quantity surveying…
Quantity
surveyors) use our knowledge of construction methods and
advise the Horizon Management on the most economical way of
achieving Company requirements at low costs. To establish a project
budget we (quantity surveyor) may use techniques like cost planning,
cost analysis, estimating, and value management.
As a Quantity Surveyor…
As
a quantity surveyor, I'll seek to minimize the cost and risk of a
construction project and enhance value for money, while still
achieving the required legal standards and quality. This includes
ensuring statutory building regulations are met.
What is our ethics in Quantity Surveying…
 We
should, at all times, act objectively, with honesty and free of
any conflict of interest and not allow their actions or advice to be
unduly influenced by others.
How QS’s are generating profits to the Horizon
Company?
By applying principle of value engineering.
Looking at whole lifecycle cost.
Cost Management
Advise to the owners.
Our Roles and Responsibilities…..
Giving advice regarding the best form of
contract for a specific project.…..
A
contract is a formalized means of communication between two
parties.
This
facility is used very commonly by the project manager and owner
to control the delivery of their projects.
A
contract has the added advantage of forcing owners to define their,
requirements, organize and arrange their thinking, and make a
commitment to their project.
Tender Process & Bidding…..
Tendering
is the process by which bids are invited from interested
contractors to carry out specific packages of construction work.
Tender
process introduction & Selection of successful tenderer.
Project Budget…..
Ensuring
that the Horizon gets the best value for his money by
planning the cost at the design stage.
The
construction budget is the amount of money allotted for a specific
building or remodelling project. Construction budgets are used to
anticipate all costs and expenses of the building process. A budget is
usually tracked through a form or spreadsheet.
Payment process…..
schedules of “Rate of Spend” during the construction period
and advising on payments to the contractors giving dates and amounts.
Preparing
Advance
payment
Interim
Payment Application (IPA)
Interim
Payment Certificate (IPC)
Final Account
Certificate
Variation & Claims…..
Advising
A
the financial effect of variations by valuing them.
variation (sometimes referred to as a change) is an alteration to the
scope of work originally specified in the contract, whether by way of
an addition, omission, or substitution to the works, or through a
change to the manner in which the works are to be carried out.
financial and contractual aspects …..
Providing
advice on the financial and contractual aspects of
contractors.
While
the project is underway , the Quantity Surveyor Ensures the
process runs smoothly and within budget limits
Conflict
can arise and the Quantity Surveyor Steps in to act as a
liaison between conflicted members of the construction process
Interpersonal
relationships Among the construction team keep the
project moving
Attention
to monitoring the costs and economics involved during the
construction. Keeping the project running without conflict.
Cost Control…..
Assisting
the manager’s to control the costs of the project.
As
advisers, they estimate and monitor construction costs, from the
feasibility stage of a project through to the completion of the
construction period.
After
construction they may be involved with tax depreciation
schedules, replacement cost estimation for insurance purposes and, if
necessary, mediation and arbitration.
Advising on Company Economics…..
Initially
quantity surveyors use their knowledge of construction
methods and costs to advise on the most economical way
They
use Cost Planning, Estimating, Cost Analysis, Cost-in-use
Studies and Value Engineering to establish a project budget
During
design the QS ensures that the design remains on budget
through Cost Management
Essential
On
additions offset by identified other savings
completion of design and drawings, the quantity surveyor may
prepare a Bill of Quantities, which is issued with the specification, for
use by contractors in submitting tenders.
Post-Construction…..
Assisting
in the Post-Construction stage of the Project.
After
the project is completed, responsibilities and function shift. This
objective now is to monitor the building and make sure that
operational costs are kept inside the budget.
the
responsibilities are to make sure the project adheres to local and
national tax laws.
Insurance
claims and cost of replacement are dealt with by the
Quantity Surveyor. Accurate estimates of damages and costs of
destroyed or damaged goods are also provided.
Our Role On Project Completion…..
On
completion the quantity surveyor produces depreciation schedules
of project components advises on insurance replacement costs
In
case of disputes the quantity surveyor is called on as an expert
witness, and some quantity surveyors act as arbitrators. Both the
contractor's and owner's quantity surveyors will be involved in this
They
use their skills in refurbishment of old buildings, alterations to
existing buildings and insurance replacement estimates
THANK YOU!