4:35PM The second of this week’s in-depth instalments on the latest report from the Fees Bureau
QSs charge higher fees when working on projects carried out under the JCT will bills contract than for work on JCT jobs without bills, a new report has found. The gap between JCT with and without bills is around 0.7% on schemes worth £1m. This decreases slightly to around 0.6% at £5m, said the latest report from the Fees Bureau. In the case of jobs carried out under Design & Build contracts, higher fees were commanded for Design & Build Client contracts than for Design & Build Contractor jobs. The differential on £5m jobs is around 0.6%. The differential is only measurable for projects worth over £1m due to the size of the jobs respondents to the survey reported. In our latest edition we reported that QS fees have gone up 5% since the start of the year. Since 2000 they have increased by 11%, discounting inflation.The Fees Bureau is the publishing arm of research firm Mirza & Nacey.
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For further information go to www.feesbureau.co.uk
More of the survey will be revealed throughout the week here on the website and in the next edition of QS News magazine.
Source
QS News
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