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Showing posts from April, 2025

Unraveling Section 94 Estimates and Council Cost Reports with Quantum QS

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  Embarking on a development project is akin to navigating a complex maze, especially when it involves interacting with local councils and their myriad requirements. In the realm of estimating costs for these projects, two critical aspects come to the forefront: Section 94 estimates and Council Cost Reports. Let's delve into the details and explore how  Quantum QS  can expertly guide you through these regulatory waters. Section 94 Estimates: A Council's Financial Compass Defining the Landscape: Section 94 estimates serve as a vital compass in the council's financial landscape. They are instrumental in helping councils determine fees and contributions under Section 94 of the Environmental Planning and Assessment Act 1979. It's important to note that the specifics of Section 94 reports can vary between councils. Navigating the Verification Process: In most NSW councils, a key requirement is the involvement of a Registered  Quantity Surveyor , a voting Member of the Aus...

Property investors need to know about sinking funds

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  When purchasing an apartment within a strata scheme, a sinking fund is among the foremost considerations for property investors. It may not be the initial thought for a prospective apartment buyer, but it ranks high in the list of crucial factors to contemplate. From expenses like building envelope, roof maintenance to lift repairs, the costs associated with building upkeep can accumulate significantly over time. The concept of a sinking fund, now referred to as a capital works fund in NSW, serves as an emergency fund designated to cover future repair and maintenance expenses for a building. Administered by the owners' corporation, this fund ensures comprehensive maintenance, especially in common areas and not to be confused with the administrative fund. The purpose behind sinking funds is to equip the owners' corporation with ample emergency funds to address any upcoming essential works. Each property owner contributes to the sinking fund through regular payments, aiming to ...

How Quantity Surveyors in Brisbane Can Help You Manage Your Construction Costs

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  When embarking on a construction project, whether residential, commercial, or industrial, staying within budget is often one of the biggest challenges. This is where the expertise of a  quantity surveyor  becomes invaluable. A  quantity surveyor  can provide professional advice on budgeting, cost control, and financial management throughout the lifecycle of your project. If you're in  Brisbane , the need for experienced  quantity surveyors Brisbane  is greater than ever as the city's construction industry continues to grow and evolve. In this blog, we will explore the essential role of a  quantity surveyor , why their services are crucial for construction projects, and how they can help you save money while ensuring your project’s financial success. Contact information : info@quantumqs.com.au 1300 300 325 Read More:  https://www.quantumqs.com.au/blog/how-quantity-surveyors-in-brisbane-can-help-you-manage-your-construction-costs

How a Quantity Surveyor in Perth Can Maximize Your Construction Budget

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  When managing a construction or development project, whether it's building a new home, office, or undertaking a major renovation, keeping costs under control is crucial. The success of a project is often determined by its budget, and this is where the expertise of a  quantity surveyor  comes into play. A  quantity surveyor  plays a vital role in helping to manage costs, ensuring that a construction project is completed within budget while also maintaining quality and compliance. For those in Perth, hiring a skilled  quantity surveyor Perth  can be one of the best decisions you make. They offer an array of services that can save you money, time, and a lot of stress throughout the construction process. In this blog, we’ll explore the role of a  quantity surveyor , the benefits they provide, and why hiring one for your next construction project could be a game-changer. For more details visit: info@quantumqs.com.au 1300 300 325 Read More:  http...