You may have come across a range of different construction estimating services that all inevitably claim to be the best way to win tenders and quote clients. Within the construction industry, there are two estimating professionals that are often confused with each other: estimators and quantity surveyors. While they are both valuable to construction projects, they are also very different to each other. In this blog, we’re delving into which construction estimating services set estimators and quantity surveyors apart from one another, and which one is the best fit for you.
What does an estimator do?
An estimator is an essential part of the construction planning process. They are responsible for providing initial cost estimations that will help builders and other subcontractors to win tenders. Estimators are required to have a good understanding of construction technologies, as their role involves understanding blueprints, applying them to the site, and taking environmental factors into consideration, too. At the end of the day, estimators help ensure projects are delivered on time and on budget.
What does a quantity surveyor do?
A quantity surveyor is a qualified professional that is an advisor to those within the construction industry. They advise and monitor construction costs before and during a project. After the construction period has been completed, they may also assist with tax depreciation schedules, as well as replacement cost estimation (primarily for insurance purposes).
After gaining their tertiary degree and relevant work experience, aspiring quantity surveyors will be eligible for a membership at the Australian Institute of Quantity Surveyors (AIQS). The AIQS ensures compliance with industry standards and regulations, which helps maintain a high-quality standard of surveying within the construction industry.
What are the similarities?
Estimators and quantity surveyors share one main similarity: they both help projects run smoothly. In their own ways, they help to craft reliable, accurate estimates that help reduce financial risks and give greater cost control to project managers. Ultimately, this helps builders achieve the visions they have for their projects within a designated schedule and budget. Therefore, both estimators and quantity surveyors are deemed important to the success of a project.
What are the differences?
The key differences between estimators and quantity surveyors include:
- The projects they take on. Quantity surveyors are frequently engaged with larger and more complex projects. Due to their AIQS accreditation and expanded skillset, quantity surveyors are often contacted to handle large projects for the public and private sectors. While this isn’t necessarily always the case, estimators are more frequently engaged with residential and smaller commercial projects.
- The priorities they have. The main priority of an estimator is to provide cost estimations for that are accurate and timely, with the goal of helping their clients win tenders. On the other hand, a quantity surveyor’s main priority is to provide the Bill of Quantities (BOQ), which details the quantities of materials and labour required to complete the project. The BOQ assists in resolving any potential discrepancies between tender documents, which helps tenderers prepare a fair and accurate calculation of construction costs.
- The role they play. Quantity surveyors typically provide support before, during and after the life of a construction project. Alternatively, estimators are mostly involved before a project begins (i.e. in the tendering phase). During this phase, estimators must create a cost summary presentation based on labour, material and feasibility requirements. After the tender has been won and the project commences, our professional estimators at Accent Estimating will also provide ongoing support as and when new circumstances require a fresh cost estimate.
Australia-wide construction estimating services
If you need an estimator, the team at Accent Estimating will be able to execute fast and accurate solutions for your project. We work with a range of construction professionals across commercial and residential capacities, including builders, subcontractors, and renovators. We handle projects Australia-wide, particularly for inner-city clients in Sydney, Melbourne, Brisbane, Canberra, Adelaide, Perth and Darwin.
Our construction estimating services are designed to help you win tenders and manage your projects successfully. Our key services include (but are not limited to):
- Section 94 estimates
- Cash flow projections
- Preparation of tenders
Our sister company Section94 can also assist with any quantity surveying needs you may have, such as bank prefunding, construction budgets and progress claims.
To discover more about the construction estimating services offered by Accent Estimating and Section94, please don’t hesitate to give us a call on 0413 953 869 today.