Producing a Pricing Document as a RICS Quantity Surveyor: Example

As a RICS quantity surveyor, producing accurate and comprehensive pricing documents is a core skill. Here is an example of this process in action:

You are working on a new residential development project consisting of 50 apartments and communal facilities. The client, a property developer, needs a tender invitation document with a bill of quantities (BoQ) for contractors to base their bids on.

Project Understanding

Quantity Take-off

BoQ Preparation

Pricing Considerations

Document Finalisation

Throughout the process, adhere to RICS professional standards and guidance, including:

By following these steps and upholding RICS professional standards, you can produce accurate and reliable pricing documents that contribute to successful project delivery.