Hi, we were asked by our bank to get an independent quantity surveyor to provide a “stage payment based QS reporting” and I had just received a quote back from the QS amounted to $15k exc GST.
The breakdown of fees is as below:
- initial financier’s report $3300
- progress drawdown report $1450 x 8 = $11600
I am not sure if this is normal in the current building climate. A quick search on this forum I saw other people paying around $500-2500 so I’m just hoping someone on this forum with the knowledge could shed some light on this topic
FYI I’m getting more quotes
Thanks
WatchingStarredHistory
MembersPros
Browse Forums General Discussion Re: QS fees for building a new home 2Aug 16, 2023 3:03 pm If you are building ordinary home then progress payments will be triggered by completion of stages as set out in the contract. You don't need a QS to tell you, slab is complete, frame is complete and lockup is complete but you should get your own independent building consultant for stage inspections and defect reporting. Foremost Building Expert in Australia,assisting with building problems/disputes, building stage inspections,pre-contract review advice for peace of mind 200 blogs http://www.buildingexpert.net.au/blog  28 Aug 2018 195 NSW Bronze Member Re: QS fees for building a new home 3Aug 16, 2023 7:26 pm Is it just a report written to give to the bank initially and it is based on what and how your payments are made up for, or is it a full service where they go out and inspect at each stage and write a report as the build progresses. 0 23977 Hello Team, I'm a new builder and I would like to apologise upfront if this question has already been asked and answered. We are 3 friends and each of us are looking to… 0 2311 Essentially any first home buyer can buy a block and then build a house exactly the same as you plan to do but somehow you will have to sell yours at a premium in order… 3 1934  |
