AUSTRALIA’S LEADING QUANTITY SURVEYORS
Looking to start construction on a new building or remodelling an existing one? You need a quantity surveyor report. Used as the basis for calculating costs attached to a building project — and as the basis for subsequent tax depreciation schedules — it’s a critical document that serves as the foundation for your subsequent building project.
Outlining the key costs, personnel and specialities likely to be required through the various stages of construction, a quantity surveyor report is an excellent way to manage both expectations and costs at your end. But how can you be guaranteed that you’re getting the right information? When it comes to choosing a quantity surveyor, you want to be sure that you have a team with you that you can trust.
Here at Budget Tax Depreciation, we don’t just carry out work related to depreciation. We also carry out a variety of quantity surveying services, including:
- Preliminary Building Estimates
- Detailed Cost Estimates
- Trade-Based Estimates
- Production Estimating
- Insurance Replacement Cost Estimates
- Body Corporate Sinking Funds
- Progress Payment Schedules
- Costs to Complete
WHAT IS A PRELIMINARY BUILDING ESTIMATE?
Suited to the pre-tender stage where an architect has some draft plans and needs guidance on how much the project will cost.Often clients will have a budget and before the architect spends a considerable amount of time or effort on the drawings he will need to make sure he is on track. It is not just his costs that are important but also other professional consultants that he may involve such as Structural Engineers, Mechanical Engineers etc.You can imagine if the architect employed all his consultants and then realised that the budget was exceeded, the costs involved to get everyone to change their designs would be excessive.
WHEN TO BRING IN A QUANTITY SURVEYOR?
It is best to get some draft plans done first and if the initial plans are not on budget then the Quantity Surveyor can advise the areas that are over budget and can help in where to cut costs or suggest alternative construction methods. We often see plans that only amount to one or two pages with very limited details and the majority of the costs will be based on assumptions.It will not be an exact cost plan but it will help in the initial stages to keep costs within track.
The preliminary building estimate is based on an elemental estimate, these estimates comprise of elements of the building which costs are known and then applied to the known area or measurement. An example of an element in an estimate would be the concrete slab of a house, the elements of the slab consist of such items as concrete, reinforcing steel, mesh, formwork, labour etc to give us a built up cost per m2 of slab area. Ie a 200 m2 house slab x an elemental rate of $100 a m2 will give us $20,000 for that slab. It is not detailed enough to be used for tendering.
WHAT IS A DETAILED COST ESTIMATE?
When you have finished the architectural design stage and the plans are ready for tendering then we can do a detailed cost estimate. The plans should be detailed enough to quantify individual building items. The costs are usually classified into the different building trades to make it easier to read but to also to compare costs. Examples of trades would be Concrete, Carpentry, Metalwork, etc, the costs are measured on unit rates such as metres, m3, tonnes and rates are applied to the measurement units. The rates applied are normally from known industry standards such as building supply company price lists, contractor rates or cost guides such as Rawlinsons or Cordell. The advantage of getting a detailed cost estimate done this way is the quickness and usefulness of the estimate for submitting a tender price to clients. We can supply this to you on an excel format and if needed, you can adjust the rates or builders margin to suit your individual needs.
There are other ways to construct a detailed cost estimate such as getting quotes for each individual trade but these can be time consuming and can take up to 2 months to get all the quotes in.
The advantage of getting a detailed cost estimate over the quote method is the time frame, usually within 1 to 2 weeks and you can use it for your tender but also ordering items and using the estimate as a budget cost plan to see how you are tracking against the costs spent.
WHAT IS A TRADE BASED ESTIMATE?
The trade based estimate is similar to the detailed cost estimate but individual trades can be selected for estimating. The advantages of this are for contractors or trades people who don’t need the whole cost estimate and are only concerned about their trade. For example a carpenter might only be tendering for the carpentry on a job and does not need us to work out all the concrete or glazing for him. A renderer may only need to know the areas of render on a house, these estimates can be cost effective for the smaller trades people who don’t have the time or are not big enough to hire an estimator full time.
WHAT IS A BILL OF QUANTITIES?
This is a measurement document and is usually used on larger jobs with detailed architectural plans, specifications and schedule of finishes are available. It will list all the materials, parts and labour and will detail the terms and condition of the tender. Tenderers can then enter their rates against the quantities itemised. The Bill of Quantities will usually form an integral part of the contract and will be referred to in cases of progress claims or disputes.
WHAT IS PRODUCTION ESTIMATING?
Production Estimating is normally a title used with residential group builders, it’s a job where an Estimator works with detailed plans and works out the quantities and pricing for ordering of building supplies. This work is done when a contract has been signed and the Building Company needs to organise the orders, the ordering is based on the contract and the Sales Estimators documents. The Production Estimator is normally an in-house role and he is responsible to the Sales Estimator, Contract Administrator and Site Supervisors. Most likely the estimator will also be involved in invoice approval and some variation workings but will rarely be involved with the client.
WHAT IS SALES ESTIMATING?
Sales Estimating is the front end of negotiating with clients and putting together a contract; clients will request pricing of house plans and will have selected their schedule of finishes. The Sales Estimator will price all the items up with an approved margin and put together as a Letter of Offer in the contract. This is usually done in liaison with the client or the in-house contract supervisor. Once the contract has gone unconditional then the Production Estimator will take over and get the orders ready. Some documents that normally take up a contract are the Sales Addendum, Architectural drawings, Engineering drawings, Standard Specification, Colour Selections and Schedule of Finishes.
THE ROLE OF A QUANTITY SURVEYOR
The role of a Quantity Surveyor is to monitor the costs of any new construction. This holds true whether you are starting from the ground up or remodelling an existing structure and need a quantity surveyor report. The information entered into your report will be used to form the basis for your continuing tax depreciation schedules in the coming years.
FULLY TRAINED QUANTITY SURVEYOR FOR BRISBANE, MELBOURNE, SYDNEY AND GOLD COAST
When you contact us regarding your next project, we will ensure that you are matched with someone who has the skill and the experience needed to produce an expert quantity surveyor report. We take great pride in being able to offer you a surveyor from Brisbane to Melbourne with many years of experience in the construction industry. You can count on our staff to produce highly detailed and accurate reports for you. This report can be used when you need to start filing for tax depreciation. When you stop to think about how much money an accurate report is going to save you on your annual tax bill, you need to know that you are hiring the absolute best surveyor in Australia. At Budget Tax Depreciation, our fees may be low, but you can count on the high quality of every report we produce. This is because every surveyor we hire is the best in the business, dedicated to helping you save money.
BOOK A PROPERTY SURVEYOR REPORT
To arrange a property surveyor for your Melbourne, Brisbane, Sydney or Gold Coast property, contact our team or call on 1300 884 215.
GET IN TOUCH WITH US TODAY
When you want the very best, contact Budget Tax Depreciation. Let us show you how we can not only save you money on your taxes but also get your highest, healthy refund at the end of the year.
We provide Tax Depreciation Schedule services to: Brisbane, Sydney, Melbourne, Gold Coast, Sunshine Coast, Ipswich, Springfield Lakes and North Lakes.
Phone: 1300 884 215
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Quantity surveying through Budget Tax Depreciation
As long-time providers of quantity surveying services, we’re qualified to provide you with a detailed quantity surveyor report. We can be involved from the draft planning stage; if the signs are there that it’s not going to come in at budget, our quantity surveyor is able to provide you with insights on where costs can be cut, amendments can be made or alternative constructions can be utilised to bring the project back under budget.
Talk to the experts today
When you contact us regarding your next project, we will ensure that you are matched with someone who has the skill and the experience needed to produce an expert quantity surveyor report. We take great pride in being able to offer you a quantity surveyor with many years of experience in the construction industry.
You can count on our staff to produce highly detailed and accurate reports for you. This report can be used when you need to start filing for tax depreciation. When you stop to think about how much money an accurate report is going to save you on your annual tax bill, you need to know that you are hiring the absolute best surveyor in Australia. At Budget Tax Depreciation, our fees may be low, but you can count on the high quality of every report we produce. This is because every quantity surveyor we hire is the best in the business, dedicated to helping you save money.
Quantity surveyor reports
Building a new home or commercial space is truly an exciting time. However, there are many elements of these ventures that come with significant stressors, especially without the guidance and advice of an expert. One of the vital aspects of the mind of investors is budgets and costs.
Whether it is your first build or you are experienced in the world of property development, it is always recommended to seek the assistance of a qualified and expert quantity surveyor. This is where Budget Tax Depreciation comes in! We are well versed and highly trained in all facets of quantity surveying and are known for being Brisbane’s best. When it comes to new residential or commercial builds and construction, it is of the utmost importance to have a reliable and dedicated source and advocate to assist in the success of maintaining your budget through calculating cost-effective strategies. Avoid nasty surprises and be as prepared as possible with the help of Budget Tax Depreciation.
We’re able to provide you with all of the information and tools you need to ensure that your project comes in on budget and has an effective depreciation schedule in the coming years. As longtime experts, we’re dedicated to providing you with the best possible service when it comes to quantity surveying. We know the importance of having the right team behind you when you approach a new construction project and know that we can do the utmost to help you succeed.
Assessments of projected costs
We have a comprehensive understanding and the necessary knowledge on how to best navigate the financial world of construction. Through our professional, transparent assessments of any ongoing construction costs throughout various segments and stages of your project, you will have the confidence and peace of mind that you are in the most capable hands to assist you in making the most educated decisions possible.
With the help of Budget Tax Depreciation, you are guaranteed the best quantity surveyors in the country. We are known for being highly experienced and dedicated to measuring and providing an accurate estimate of the value of your upcoming project, allowing you to align your budget strategically and in a way that will best suit your needs while achieving your desired outcome.
Staying on budget
A successful project can be completely dependent on whether you have a cost management plan in place. We provide ongoing support, advice throughout the entire process and are strongly committed to helping you achieve your property development goals in the most efficient and effective way possible while keeping within your specified budget. Whether you are looking at investing in a residential property or commercial build, Budget Tax Depreciation has a solution for you. We provide proven methods to help you keep within your budget and avoid exceeding cost limitations. Having a reliable, credible and qualified quantity surveyor is an incredible asset that will ensure you are receiving the best and most accurate expenditure projection surrounding your construction project.
Advantages of using a quantity surveyor
There are many advantages that come along with hiring a professional quantity surveyor:
- Balance your expenditures between the various segments of your project
- Achieve the best value in every aspect of money spent
- Maintain costs within the amount allocated for each of the multiple elements of your project
A professional quantity surveyor is also one of the limited specialists who are qualified to provide you with a recognised and legitimate Tax Depreciation Report. This specific report is beneficial to your property investments as it accurately outlines the impact that wear and tear may have on the value of your property. You’ll then have a clearer picture of your likely tax offsets over the coming years.
Tax depreciation schedules
We also provide a variety of services and what and where you can claim, once tax time rolls around at the end of the financial year. At Budget Tax Depreciation, we have done Tax Depreciation Schedules for residential houses, units, commercial offices/sheds, high rise buildings, storage buildings, car washes, motels, hotels, student accommodation and countless other types of properties. We are a member of the Australian Institute of Quantity Surveyors and a Licenced Builder. We have also recently become one of the first new, licensed Tax Agents for Tax Depreciation Services.
Maximise returns
If you want to maximise the amount of Property Tax Deductions allowable in your investment property, then come to the experts here at Budget Tax Depreciation.
At Budget Tax Depreciation, we are dedicated quantity surveyors and have been proudly caring for the cost management needs of Brisbane, Queensland residents and commercial businesses for many years.
Over the years, we have built long-lasting relationships with our clients, along with a strong reputation for being industry leaders in Brisbane construction cost management. Providing the most economical approach and strategies are our number one priority and objective while offering our clients a second to none personalised experience. We appreciate that each endeavour and project is unique, which is why our services are tailored to you and your needs. Whether you need a quantity survey report for a residential home extension or a large-scale commercial project – there is no job too big or small for Budget Tax Depreciation.
Contact us today and book a quantity surveyor report
An experienced and skilled quantity surveyor will play a crucial role in your next construction project. From the moment you contact us with your initial drafted plans, Budget Tax Depreciation will work with you, every step of the way, to measure, estimate and monitor construction costs throughout various phases of your project. Allow us to uncover areas where YOU can save money and get the most value out of your investment!
When you want the very best in quantity surveying, contact Budget Tax Depreciation today and let us show you exactly how you can help you get the most value out of your money. To arrange a quantity surveyor for your Melbourne, Brisbane, Sydney or Gold Coast property, contact our team or call on 1300 884 215.
- Tax Depreciation in the Gold Coast, Suite 30610, Level 6, Southport Central 3 Commercial, 9 Lawson Street, Southport, QLD 4215, https://budgettaxdep.com.au/gold-coast-best-tax-depreciation-service-provider-1-rated/
- Tax Depreciation in Brisbane, 13 Hubbard Street, Wavell Heights, QLD 4012
- Tax Depreciation in Brisbane , 8 Bluegum Rise, Anstead, Qld 4070
- Tax Depreciation in Sydney, Unit 42, 1-5 Collaroy Street, Collaroy, NSW 2097
- Tax Depreciation in Melbourne, Unit 9, 440 Collins Street, Melbourne, VIC 3000
Phone: 1300 884 215 | Address: 13 Hubbard Street, Wavell Heights, Brisbane, QLD 4012
- Phone: 1300 884 215
- Address: 13 Hubbard Street, Wavell Heights, Brisbane, QLD 4012
