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News & Press: 2018 News Items

Association commends NMB municipality for plan to tackle irregular expenditure

Saturday, 03 February 2018  
Posted by: Bert vd Heever
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The Nelson Mandela Bay municipality recently announced its plans to address its R11.5bn irregular expenditure.

“We are in full support of the appointment of a Quantity Surveyor as head of Demand Management,” says Larry Feinberg, Executive Director of the ASAQS – Association of South African Quantity Surveyors.

“The municipality got it spot on in stating its reason for going this route as “ensuring value for money in terms of the procurement process”.”

A Quantity Surveyor (QS) is best placed to identify deviations from original tenders in terms of both scope and pricing. As such, they act as the client’s watchdog. In the case of public projects the client is ultimately the taxpayer.

One of the key issues in any public project is to ensure that the tender is awarded to the right contractor at the right price. The training undertaken by Quantity Surveyors allows them to manage the financial and legal processes of a project.

“Professional QSs are also bound by a code of conduct,” explains Feinberg. “If they are found to have contravened the code, they will lose their licence to practice as a QS.”