Contact Us   |   Sign In   |   Register



SITE Search
moreCalendar

2019/02/18 » 2019/03/26
Green Building South Africa - GUIDE TO COSTS AND TRENDS – 2nd Edition 2018 - Document Sponsorship

2019/04/03
ASAQS Gauteng Chapter Presidential Tour 2019

The Association of South African Quantity Surveyors

All of us count!

Quantity Surveyors, project managers, cost engineers or anybody interested in the construction industry and built environment should find really useful information on this large web site dedicated to the quantity surveying profession in South Africa. Our Events Calendar lists seminars and events for quantity surveyors, cost engineers, project managers and other role players in the construction industry. Visit our online store to purchase contracts, documents, apparel and software or take time out to catch up on the latest "News". Browse around... we hope you enjoy your stay! Welcome. We're glad you're here.



LATEST NEWS

Offices closed

We wish to inform everybody that our offices will be closed on Friday 22 March 2019. We will be open for business as usual on Monday the 25th March 2019.


Construction mafia derailing projects, causing engineers to flee

Construction MafiaWidespread concern has spread like wildfire across the built environment due to the construction mafia and gang-related activities on project sites. Yunus Bayat from the Association of South African Quantity Surveyors (ASAQS) says that a major intervention is needed to protect infrastructure projects, investor confidence, and the safety of professionals in the built environment who are working on project sites.

“The Delangokubona Business Forum continues to intimidate foremen, project managers and construction bosses by going onto project sites and demanding a stake in their projects. As professionals working on these projects, we cannot protect ourselves from this type of violent intimidation and we are no match for the AK-47 automatic weapons that they bring with them,” says Bayat.

Construction projects worth R25,5bn+ are being violently disrupted and halted
On 18 March 2019, the South African Forum of Civil Engineering Contractors (SAFCEC) issued an urgent plea for action to the Minister of Finance, Tito Mboweni. In the letter, the SAFCEC said that it is gravely concerned that construction projects worth a minimum of R25,5bn are being violently disrupted and halted in South Africa.

“Armed gangs demanded to be part of the R1,65bn SANRAL Bridge Project in the Eastern Cape. These illegal site disruptions caused AVENG and the European-based Strabag International to pull out of the project, which forms part of the N2 Wild Coast Road Construction project,” says Bayat.

Click here to continue reading.

OR

Click on the images below to listen to interviews with Mr Yunus Bayat, President of the ASAQS and other role players.

     

Quote of the week

“I am enough of an artist to draw freely upon my imagination. Imagination is more important than knowledge. Knowledge is limited. Imagination encircles the world.”

Albert Einstein


Turner & Townsend South Africa named Construction Sector Firm of the Year 2019

We are proud to announce that Turner & Townsend South Africa has been recognised as Construction Sector Firm of the Year – 2019, at the South African Professional Services Awards (SAPSA). The ceremony took place at the Monte Casino Ballroom in Johannesburg on 14 March 2019.

The SAPSA Awards recognise winners in different fields, drawn from two main categories namely the built environment and commerce law and management.

Turner and Townsend SAPSA Award 2019

Stephen McCartney, Turner & Townsend Regional Managing Director Africa, commented: “It is a great achievement and very rewarding for all involved to win such an award.  We owe this success once again to our unfailing commitment to high quality delivery, our strategy to diversify across the industries in which we choose to operate and the competitive advantage that the diversity of our people bring. The combination allows us to deliver great outcomes, every time, everywhere."

The judges commented that Turner & Townsend South Africa has experienced:

...phenomenal growth, and that…it is heart-warming that a company with overseas roots has taken diversification and transformation seriously.

Sipho Mncwabe, Regional General Manager – from SAPSA event sponsor Sanlam Gauteng Region, added: “These awards are important as they give visibility to disciplines that are desperately needed in this country. They also reward entities for performing well in important areas such as transformation, customer service, contribution to the community and commitment to ethical best practice.”


Major conference announced by ICEC

We would like to inform you about a major International Cost Management & Project Controls Conference being held in Delhi, India from 9-13 July 2019 by ICEC member AACE-International (India Section).

The event will be held at the prestigious Indian Institute of Technology Delhi (IITD). There will be a Pre-Conference Workshop from 9-10 July followed by the Conference from 11-13 July.

Please find attached a brochure for the event. Further details can be found on the conference website at:

https://www.aaceindia.org/conference/

There is currently a call for paper submissions. Details can be found at:

https://www.aaceindia.org/conference/call_for_papers.php

The event will have highly acclaimed leaders from Industry and academia from India and abroad as invited speakers. Furthermore the event will also have parallel track sessions on the last day where case studies from practitioners & research papers from leading Universities will be presented.

Each day will start with an Inspiring Keynote address and close with a panel discussion where the panellists will be subject matter experts from India and abroad representing various industrial and service sectors.

There will be arranged tour programs for delegates and families within Delhi and across India.

If you have any queries please contact the Conference Chair Madhu Pillai at: mpillai@aaceindia.org

Madhu is also the ICEC Director for the Middle East.


Understand the law
Surety and guarantee. Birds of the same feather, or not?

Understand the law

“My wife and I are the shareholders of our family company. We need to buy a delivery truck for the business and have talked to our bankers who will provide vehicle finance, provided my wife and I, in our personal capacities, bind ourselves as surety and also provide a guarantee for the payment of the debt. What is the difference between a surety and guarantee or is it the same thing?”

Although both are forms of security for a principal obligation (the payment of your vehicle finance loan), there is definitely a difference between these two forms of security.

A surety will exist where a person (you) enters into an agreement with a creditor (the bank) to stand surety (be bound) for the payment of an obligation by a principal debtor (your company). Should the principal debtor fail to fulfil its obligations towards the creditor (i.e. the company does not pay the debt to the bank) then you (the surety) will be held liable to fulfil the obligation of the principal debtor towards the creditor (i.e. you will be required to make good the debt of your company to the bank).

Click here to read on


Value management: when QS and designer are in sync

Value management during a project’s design phase can help manage costs, provide value for money and avoid budget overruns later.

A very interesting article recently appeared on the website of the NZ Ministry of Business, Innovation and Employment. It stated that although many see design and quantity surveying as being stand-alone practices, huge benefits can be derived when combining these disciplines at an early stage in a process of value engineering..

They say: "A quantity surveyor (QS) can provide valuable input at the start of a project by providing advice about value engineering and cost management."

So what is value engineering?

"Value engineering is a systematic method to improve the "value" of goods or products and services by using an examination of function. Value, as defined, is the ratio of function to cost. Value can therefore be manipulated by either improving the function or reducing the cost." Wikipedia

The concept originated at the General Electric Company during the 2nd World War when Lawrence Miles, who was in charge of purchasing raw materials realised that when he was unable to obtain a particular material it was necessary to replace that material with another that performed the same function.

Many see the involvement of the QS in the process of value engineering as necessary to realise cost-saving benefits for a project. But genuine value management is far more than just a cost-cutting exercise.

The Designing Buildings Wiki says:

"Value engineering is used to solve problems and identify and eliminate unwanted costs, while improving function and quality. The aim is to increase the value of products, satisfying the product’s performance requirements at the lowest possible cost.

In construction, this involves considering the availability of materials, construction methods, transportation issues, site limitations or restrictions, planning and organisation, costs, profits, and so on. Benefits that can be delivered include a reduction in life cycle costs, improvement in quality, reduction of environmental impacts, and so on."

With cost overruns measured in billions of rand, spent on projects that are hardly fit for purpose government will start to rely more heavily on the value management knowledge that Quantity Surveyors can bring to the table.

If called on to lead a value management exercise, will you be able to do so?

To find out more about value management click here.


Free resources

Readers are invited to explore our ever-growing collection of free resources.

These can be found by visiting the Free resources section listed under Resources on our menu-bar and include several free publications.

Have you missed something? Browse to the News section!

Think you may have missed something browse to our news section, it might still be there.


New courses added to GoLearning

In order to assist you we have added numerous new courses to GoLearning and will continue to add new courseware during the year.

Efficient - available 24/7 - do CPD when it suits you
Affordable - at a fraction of the cost of a seminar
Targeted - do courses according to your needs

Eat into your CPD requirements with GoLearning by clicking here.


  Weekend Property & Construction News


ANNOUNCEMENT OF FORTHCOMING CONGRESSES / CONFERENCES

In order to assist members to plan their diaries this year in terms of forthcoming congresses and conferences they may wish to attend, we publish the preliminary dates of some of these congresses for your attention:


RICS Summit Africa 2019
29-30 May 2019,
Maslow Hotel, Johannesburg, South Africa

Following the success of the 2018 event, RICS Summit Africa returns in 2019 bringing together chief executives, CFO’s, Managing Directors and Presidents of the African built environment’s most influential organisations. This year’s theme “Investing with Impact – Collaboration and Innovation” will focus on how collaborative partnerships and impactful investment is shaping the future of Sub-Saharan Africa.

Click here to download the conference flyer


ASAQS Annual Conference 2019

Save the date: 01 August 2019 @ Cape Town

Further details: TBA


ASAQS SPONSORSHIP

What you get: :Banner adverts on the ASAQS website (over 1,000,000 hits/month on average!) A Mini-ad on the ASAQS website and on the Weekend Property and Construction News (over 5,300 subscribers) Preferential exposure of your products and services Targeted marketing at only R484.50 (inclusive) per month
Don't wait, we only have a limited number of slots left.

Contact Bert van den Heever the ASAQS Webmaster


ASAQS DISCLAIMER

While the ASAQS aims to ensure that its publications represent best practice, the ASAQS does not accept or assume any liability or responsibility for any events or consequences thereof that derive from the use of documents or any other materials, software or resources as they are only intended to provide general guidance to those who wish to make use of it. Such publications, software or resources are provided "as is" without warranty of any kind, either expressed or implied including but without limitation to warranties of merchantability, fitness for a particular purpose and non-infringement.