As a construction contractor, you don’t need us to tell you what a competitive space your industry can be, but can hiring a quantity surveyor really help you get the upper hand?
The short answer is yes, yes it can.
Whether you’re a newly established firm striving to make your mark, or a seasoned veteran struggling to compete in today’s technology-driven market, there are always those challenges that stand between you and your next successful project, and it’s a quantity surveyor’s job to help overcome those challenges.
By combining cost management, cost estimating, and other useful services, their role is to help keep costs low and profits high.
Not that managing your budget is the only way a qualified surveyor can help.
Depending on the requirements of your project, they’ll work with you to carry out every step in a way that doesn’t just benefit you in terms of short-term revenue generation but also helps your business to achieve long-term growth.
If you’re a construction contractor, here are four ways that hiring a quantity surveyor can benefit you.
1. Winning Tenders
When most people think of quantity surveying work, they typically think of budget management and all the other tasks that take place once a project has actually started.
While that’s certainly a bulk of the work, your surveyor can take on the role of construction consultant and help you to win that big project in the first place.
By getting involved in the initial tendering process, your quantity surveyor can work with you to create an effective, winning tender, even for those large-scale projects you once thought beyond your reach.
2. Take the Hard Work Out Of Cost Assessment and Management
Managing budgets may not be where a surveyor’s responsibilities begin and end, but it’s still an important part of the process.
From managing variations and carrying out regular valuations, an experienced specialist can be on hand to ensure your project finishes on time and on budget, leaving you free to focus on the on-site operation.
Handing this responsibility over to a quantity surveyor can make all the difference to the long-term success of your business in three distinct ways
A. Less Headaches
First, it eliminates all the hassle and headaches you normally associate with cost planning. By leaving the hard work to someone else, you have more time and energy to focus your attention on building your business and delivering quality work for your clients.
B. Maximizing Profits
As a contractor, your ultimate objective is to generate the most possible profit from any given job whilst still using the highest quality of materials and workmanship.
When a surveyor has their construction cost consultant hat on, they’ll be working to ensure that you get the balance just right between maximum quality and maximum profit.
This may mean that they utilize their vast network of contacts to negotiate the best possible deal from material and equipment suppliers, helping you to keep costs low whilst still having access to the best possible resources for the job.
It may also mean that they work tirelessly to ensure that job is completed to schedule, avoiding the added expense and potential financial penalties of a missed deadline.
With both methods, the end result is the same:
You deliver work that your clients are happy with and still come away with a sizeable profit.
C. Enhance Your Reputation in a Competitive Industry
Whilst the immediate financial gain you’ll enjoy by working with an established Quantity Surveyor will certainly prove useful in taking your business to the next level, even that pales in comparison to the long-term boost to your reputation that you’ll receive after successfully completing a project.
With the help of your expert, you not only met your deadline and budget requirements but do so whilst still delivering exceptional quality work that any contractor would be proud of.
Trust us, this is not the kind of thing that clients and other contractors tend to ignore.
Instead, it is the very thing that is going to get people talking about you for all the right reasons, giving you and your business just the kind of status you need to take things up a notch and start winning even bigger contracts.