PRIOR TO COMMENCEMENT OF CONSTRUCTION

A- Reports requiring Analysis and Estimating (QS REPORTS)

i. Buildings not exceeding $6,650,000.00 $38,000.00*

ii. Buildings over $6,650,000.00
$47,500.00*
but not exceeding $9,500,000.00
$47,500.00*
iii. Buildings over $9,500,000.00 Plus 0.5% Of the
Residue over $9,500,000.00

*Exclude site visits; Site visits to be added if required

All fees are exclusive of Value Added Tax

B-Preparation of Bills of Quantities Estimates

i. Buildings not exceeding $9,500,000.00 1.25% . of the estimated cost

$118,750.00 Plus .0.75% of the
ii. Buildings over $9,500,000.00 but
residue over $9,500,000.00
not exceeding $19,000,000.00

$190,000.00 Plus
iii. Buildings over $19,000,000.00
1% up to $9,500,000.00
Plus 0.75% of the residue
over $45,000,000.00

iv. Advising on Contractual Agreements $50,000.00

C – Preparation of Valuations (VALUATIONS OF WORK DONE)

Valuation reports for payment to the Contractor or for advancement on loans etc.
(All valuations require a site visit and are taken assuming the Quantity Surveyor’s office is located in Port – of –
Spain. Similar adjustments must be made in radius if the office is located elsewhere)

i. $ 28,500.00
ii. $38,000.00
iii.
$47,500.00
iv. All other locations At cost

D- Appraisal Reports for Completed Buildings

(Where drawings are not available an additional amount calculated at cost shall be added to the fee stated in this
section, and where a previous appraisal had already been undertaken by the Quantity Surveyor, the Cost of the
site visit shall not be added to the fee stated in this section.)

1. Buildings not exceeding $6,500,000.00 $28,500.00*

2. Buildings over $6,500,000.00 but not
$38,000.00*
Exceeding $9,500,000.00
$38,000.00* plus 0.5% of the
3. Buildings over $9,500,000.00
Residue over $9,500,000.00

E-Reconciliation Reports

Preparation of reconciliation reports At the cost for

for works already executed and work services Indicated
still to be done here in with a minimum . charge of $47,500.00

*Excludes site visits; site visits to be added

F- Renovations and alterations

At the cost
Preparation of estimates for renovations
for services Indicated
and alterations
herein with a minimum charge of $38,000.00

G- Full Service

1. New Works

1.5% of the estimated cost or

i. Provision of services prior to
Commencement of construction
ii. Provision of services
During construction
by agreement indicated herein.
1.25% of the contracted sum or
by agreement indicated herein

2. Renovations and Alterations

i. Provision of services prior to 1.75% of the estimated cost or

Commencement of construction by agreement indicated herein
ii. Provision of services 1.5% of the contract sum or
During construction by Agreement indicated herein