QUANTITY SURVEYING DIVISION ASSESSMENT OF PROFESSIONAL COMPETENCE FINAL ASSESSMENT 2014 PRACTICE PROBLEMS / PART II WRITTEN TEST DAY 1

Similar documents
How to Read a Real Estate Appraisal Report

Request for Proposal(RFP) for Planning Services

Building Control (Amendment) Regulations 2013 Legal implications. Deirdre Ní Fhloinn Consultant Reddy Charlton Solicitors

Application Form for Alterations. Property Address: Daytime tel No: Evening tel no: Mobile: address(es): Alternative mailing address:

Rawlinson House, Lewisham, London SE13 5EL

Release: 1. CPPDSM4011A List property for lease

Real Estate Institute of Tasmania Assignment Cover Sheet

BOUNDARY LINE ADJUSTMENT APPLICATION

Arbitration and Dispute Resolution

PPP Project Realization Roadmap for Public Entities. based on the PPP Act and the Act on Concessions for Construction Work or Services

NZQF NQ Ref 1731 Version 3 Page 1 of 9. This qualification has been reviewed. The last date to meet the requirements is 31 December 2019.

GUIDANCE FOR LANDOWNERS AND OCCUPIERS ON CONTRIBUTIONS TOWARDS PROFESSIONAL COSTS

The Bonus Zoning policy will be applied in conjunction with the Implementation policies contained within the Official Plan.

Village of Bremen 9090 Marietta Road, SE Bremen, Ohio (740)

REQUEST FOR PROPOSALS Professional Engineering Services for Lift Station In the Rural Municipality of Wellington

ToR Tender Specifications

City of Altamonte Springs Developer s Guide

SUBJECT: Unacceptable Assignment Conditions in Real Property Appraisal Assignments

ANNEX DEFINITION OF THE METHODOLOGY TO BE FOLLOWED BY THE SERVICES OF THE COMMISSION FOR PROSPECTING AND NEGOTIATING FOR BUILDINGS

PERRY CITY UTAH REQUEST FOR PROPOSALS REAL ESTATE BROKER SERVICES

REQUEST FOR PROPOSALS

Town Centre Community Improvement Plan

PLANNED UNIT DEVELOPMENTS (Ordinance No.: 3036, 12/3/07; Repealed & Replaced by Ordinance No.: 4166, 10/15/12)

Building Control (Amendment) Regulations. ASFP Ireland Fire Protection Module At FMI Conference & Exhibition. RDS 6 March 2013

ACADEMIC COURSE SYLLABUS

ANNUAL GENERAL MEETING MINUTES STRATA PLAN LMS 2946 SEASTAR 1003 PACIFIC STREET, VANCOUVER, BC

MARKET VALUE BASIS OF VALUATION

REAL ESTATE OFFICER, SENIOR REAL ESTATE OFFICER, 1961

THE TOWN OF BANCROFT REQUEST FOR PROPOSAL (RFP) COMMERCIAL REAL ESTATE BROKERAGE SERVICES

TERMS OF ENGAGEMENT FOR A VALUATION REPORT FOR SALE BY MORTGAGEE (Institute of Surveyors of Trinidad and Tobago Version )

MOTION NO. M Roosevelt Station Central TOD Site Property Transaction Agreements PROPOSED ACTION

Chapter 11. Competitive Negotiation: Procedure

APES 225 Valuation Services

Charter Township of Shelby Parks & Recreation Department Request for Proposals Gene Shepherd Park Splash Pad

capability statement

First Exposure Draft of proposed changes for the edition of the Uniform Standards of Professional Appraisal Practice

CHECKLIST FOR CUSTOMER Lawful Lot Determination

SCOTTISH EPISCOPAL CHURCH PROVINCIAL BUILDINGS ADVISORY COMMITTEE GUIDANCE ON QUINQUENNIAL BUILDING CONDITION REPORTS

Report on Inspection of KBL, LLP (Headquartered in New York, New York) Public Company Accounting Oversight Board

Land rights requirements relating to assets to be installed or adopted by SEPD or SHEPD for new connections

Town of Bristol Rhode Island

REQUEST FOR PROPOSAL MV COMBERMERE COMMUNITY CENTRE ACCESSIBLE LIFT SYSTEM For The Corporation of the Township of Madawaska Valley

THE APPRAISAL OF REAL ESTATE 3 RD CANADIAN EDITION BUSI 330

DIOCESE OF CHELMSFORD DIOCESAN ADVISORY COMMITTEE

Collateral Valuation Matters Improving Client s Appraisal Experience with Farmer Mac

VALUATION REPORTING REVISED Introduction. 3.0 Definitions. 2.0 Scope INTERNATIONAL VALUATION STANDARDS 3

GUIDE FOR VARIANCE AND PLANNING ADVISORY COMMITTEE APPLICATIONS

REQUEST FOR PROPOSAL FOR SERVICED APARTMENTS FOR: 1. CONCEPT DESIGN CONSULTATION AND/OR 2. OPERATION OF SERVICED APARTMENTS, FOR,

Town of North Castle New York REQUEST FOR PROPOSALS REAL ESTATE BROKER SERVICES

Page 1 of 5. Name of Firm:

Anthony Banfield, FRICS Banfield Real Estate Solutions Ltd

BUILDING PATHOLOGY & DILAPIDATION. Unit 1: Key Concepts of Dilapidations Law

Government Management Committee. P:\2011\Internal Services\Fac\Gm11008Fac- (AFS 10838)

Alternative plans review and inspection.-- (1) As used in this section, the term:

Certificate in Commercial Real Estate

Architectural Process & Standard for Parish Construction Project Canons of the Episcopal Church in the Diocese of Alabama: Canon 6 Section 6

Domestic Energy Assessor Quality Assurance Requirements England & Wales and Northern Ireland Regions Effective Date 1 st August 2012

Real Estate Reference Material

Operating Standards Attachment to Development Application

Sample Renewal Additional Information Request

Nottingham City Council Development Department

Minimum Educational Requirements

BUSI 398 Residential Property Guided Case Study

Re: Lands at Inchanny, Strabane. Belfast 12 th March Lands Tribunal - Henry M Spence MRICS Dip.Rating IRRV (Hons)

REQUEST FOR PROPOSAL RFP # TOC17-001

Peters Township Planning Commission September 15, :00 p.m.

1 Adopting the Code. The Consumer Code Requirements and good practice Guidance. 1.1 Adopting the Code. 1.2 Making the Code available

THE TOWN OF VAIL EMPLOYEE HOUSING GUIDELINES

Scrutiny Team Review of Grounds Maintenance. July 2015 October The Scrutiny Team

9 Hanna Ave Establishment of Public Lane System

A Demonstration Appraisal Report. Of a. Located at. Date of Appraisal. Prepared for. Prepared by

Riverton Properties Ltd Proposed Special Housing Area

RFP REQUEST FOR PROPOSAL. for TAX CREDIT ADVISOR SERVICES. for BOULDER HOUSING PARTNERS. March 6, 2012 Requested Return: March 15, 2010

REDAN CAPITAL LTD 13 Ikeja Close, Off oyo St, Area 2, Garki-, Abuja, Nigeria GUIDELINES FOR PREPARING PROJECT PROPOSALS

RESOLUTION 5607 (10) NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Lompoc as follows:

PART ONE - GENERAL INFORMATION

STAATSKOERANT, 30 JANUARIE 2009 GOVERNMENT NOTICE DEPARTMENT OF MINERALS AND ENERGY ELECTRICITY REGULATION ACT, 2006 ELECTRICITY REGULATION

United States Small Business Administration Office of Hearings and Appeals

To establish the structure and content of contracts.

THE CHAIRPERSON. Hans Hoogervorst Chairman International Accounting Standard Board 30 Cannon Street London EC4M 6XH.

INDEPENDENT AUDITOR S REPORT

West 1st Avenue By-law No (Being a By-law to Amend By-law 3575, being the Zoning and Development By-law)

Okinawa Institute of Science and Technology School Corporation Contract Management Stipulations

Building more and better homes. Looking after you and your new home

ALABAMA REAL ESTATE COMMISSION ADMINISTRATIVE CODE CHAPTER 790 X 3 DISCIPLINARY ACTIONS TABLE OF CONTENTS

EVALUATION OF THE REAL ESTATE PROPERTIES - NOVELTIES WITHIN THE COST APPROACH

THE APPRAISAL OF REAL ESTATE 3 RD CANADIAN EDITION BUSI 330

PLANNED UNIT DEVELOPMENT (PUD) AREA PLAN/REZONING REVIEW PROCEDURE

May 2012 Professional (Cadastral) Examination

Report on Inspection of Ferlita, Walsh, Gonzalez & Rodriguez, P.A. (Headquartered in Tampa, Florida) Public Company Accounting Oversight Board

Below Market Rate Program Administrator. Request for Proposals

SENIOR FACULTY APARTMENT RENOVATION POLICY. Effective Date: April 1, 2009

ADMINISTRATIVE GUIDANCE

IN RE CLINTON TOWNSHIP, ) NEW JERSEY COUNCIL HUNTERDON COUNTY ) ON AFFORDABLE HOUSING

Protection for Residents of Long Term Supported Group Accommodation in NSW

Use of Comparables. Claims Prevention Bulletin [CP-17-E] March 1996

SP Energy Networks Fee Scale

Summary Siri Nørve and Lillin Knudtzon New lifts in old multi-family dwellings - gaining support for common investments NIBR-rapport: 2009:21

Bridging Research and Practice

VILLAGE OF GREENDALE 6500 NORTHWAY GREENDALE, WI (414) (414) FAX REQUEST FOR PROPOSAL RENOVATION AND REUSE

Transcription:

FINAL ASSESSMENT 2014 DAY 1 Wednesday, 17 th September, 2014

NOTES TO CANDIDATES A. Headings to questions are for ease of identification only and do not form part of the questions. B. The number of main questions is as follows: (1) First day Questions with varying marks but the aggregate mark is 50 marks (2) Second day Questions with varying marks but the aggregate mark is 50 marks DAY 1 Question No. 1 Cost Estimate 22 marks Question No. 2 Bulk-checking of Quantities 13 marks Question No. 3 Editing of BQ Descriptions 10 marks Question No. 4 Insurance 5 marks --------------- 50 marks --------------- C. All Main Questions and Sub-Questions are compulsory. D. The total mark of each day s paper is 50. The passing mark of each day s paper is 55% of the total mark of that paper. Candidates who have passed both days papers will be considered as having passed the APC Practice Problems. E. Refer also to INSTRUCTIONS TO CANDIDATES, which were issued to you in advance. Page 2

FIVE COMMON CRITERIA Candidates are expected to demonstrate a reasonable level of professional competence against five common criteria outlined below, sufficient for the Assessors to answer the question Would I employ the Candidate to work as a qualified Quantity Surveyor with the ability to resolve problems in a professional manner? However, it should be recognized that not all these criteria apply to every problem, nor do they carry equal weight. 1. Perception: A full understanding of the problem posed, evidenced by a response to each item in the question. Candidates should also show foresight by anticipating additional problems not specifically mentioned. 2. Imagination: The assumption of essential supplementary information so as to provide a full response; also the use of imaginary telephone inquiries, quotations, notes, etc. 3. Technical skills: The correct use of measurement principles, prices, discount factors, etc. The use of appropriate short cuts, rounding off of figures, etc. to suit the scale of the problem. The provision of analysis to a depth appropriate to the stage reached by Candidates and the time constraints imposed on Candidates. 4. Judgement: The provision of sound professional advice indicative of professional knowledge and experience gained by Candidates. The advice should be firm and unhesitating, except where suitable caveats are essential. 5. Communication: Free of ambiguity, with clear expression and an absence of irrelevant or inappropriate technical details, particularly when provided to a lay Employer. Correct syntax and good professional style in letters and reports are important. Candidates should clearly convey their interpretations and proposals. Page 3

DAY 1 17 th SEPTEMBER 2014 Page 4

Question No. 1 Cost Estimate Venus Ltd. is the Owner of Sunny Serviced Apartments ( SSA ) at Tsim Sha Tsui. Since SSA was built 20 years ago, it is the first time that major renovation works are to be carried out to SSA. During the project meeting yesterday, Venus requested the design consultant team to review whether it would be feasible to incorporate the following additional work as part of the renovation works: a. Adding an additional passenger lift travelling between G/F and 2/F of the podium; b. Upgrading the podium facades by replacing all existing wall tiles (approximate facade area 1,000 m2); and c. Upgrading the interior of all existing 150 no. apartment units (100 no. studio units, 40 no. 1-bedroom suites and 10 no. 2-bedroom suites). Venus is particularly interested in knowing the rough indication of costs of the additional work. The Architect has confirmed that it is technically feasible to carry out the additional work without the need for major MEP equipment upgrading and foundation modification. As per Venus requirement, the serviced apartments and all common areas will still be in operation during the course of the renovation works. Page 5

You are the Project QS of the QS consultant in charge of the renovation works and you have just received the email below from Venus financial controller. Please respond to his request. Dear Project QS, a. Additional passenger lift and b. Upgrading the podium facade by replacing the existing external wall tiles Please find attached draft cost estimates prepared by our project coordinator for your comment. Feel free to point out any potential deficiencies in the draft estimates of items (a) and (b). Please also provide your cost estimate of item (b). c. Upgrading of the interior of all existing 150 no. apartment units (100 no. studio units, 40 no. 1-bedroom suites and 10 no. 2-bedroom suites). Please use the fitting out costs of a new-build serviced apartment (also owned by our company) in the same district as the base because we would like to negotiate with the same Contractor to carry out the renovation works of the apartment units. Attached are the elemental costs analysed from the fitting out contract for that serviced apartment. That serviced apartment has 100 no. 1-bedroom suites. The size, layout and fitting out standard of the 1-bedroom unit are the same as those in SSA. The fitting out contract was tendered 3 years ago. I also attach the floor plan of each room type of SSA for your reference. The Architect has advised that the associated building services installation and their ancillary builder s works are being investigated and are not required to be included in the cost estimate at this stage. Please provide your cost estimate of item (c). I also need to know the renovation cost per room type for my financial modelling. Please prepare your reply for discussion later today. Regards, Donny Chan Financial Controller [22 Marks] Page 6

Attachment to Question No. 1 DRAFT COST ESTIMATE (a) Adding an additional passenger lift between G/F and 2/F HK$ Supply and install a passenger lift (based on lift contractor's recent quotation HK$1,000,000 for similar) 1,000,000 (b) Podium facades upgrading by replacing all existing wall tiles (approximate total façade area 1,000 m2) Supply and install new external wall tiles (supply only $300/m2 as suggested by the Architect) 1,000m2 x $360/m2 = 360,000 (c) Fitting out costs of 1-bedroom suites of another serviced apartment HK$/unit Doors 20,000 Partitions 20,000 Floor finishes Bedroom, living room 40,000 Floor finishes Bathroom 10,000 Wall finishes Bedroom, living room 30,000 Wall finishes Bathroom 30,000 Ceiling finishes Bedroom, living room 25,000 Ceiling finishes Bathroom 5,000 Kitchen cabinet 25,000 Furniture 60,000 Sanitary fittings 30,000 Lighting fittings 20,000 AV equipment 30,000 Miscellaneous e.g. curtains, signage, decoration, etc. 20,000 Preliminaries 37,000 Total HK$ 402,000 Page 7

Attachment to Question No. 1 (Cont d) Page 8

Attachment to Question No. 1 (Cont d) Page 9

Attachment to Question No. 1 (Cont d) Page 10

Question No. 2 Bulk-checking of Quantities You are a Consultant QS working on a building project. You are asked to carry out a bulk-check exercise on measurement prepared by your assistants. A copy of the draft BQ is attached (Attachment A ). You should provide all working details in your answer and summarize your findings in a logical manner. (Note: You are not required to identify any missing items, if any, from Attachment A ) [13 marks] Page 11

Page 12

Page 13

Page 14

Page 15

Page 16

Question No. 3 Editing of BQ Descriptions You are a Consultant QS currently preparing the tender documents for piling works. Your assistant QS, John, has completed a draft BQ (Attachment B ) for your review and editing. You should write notes of comments with reasons for his attention. You are not required to make any adjustment to the quantities. Background information: Type of piles No. of Piles Type of tests Method of measurement : 1.50 m diameter bored piles without lining or bell-out : 10 No. piles : Pending Engineer s specification and items to be added later : In accordance with HKSMM4 Section V(e) Bored Piles (a copy of Pages 33 to 35 is attached) [10 marks] Page 17

Page 18

Page 19

Page 20

Page 21

Question No. 4 Insurances You are the Consultant QS for a residential building project. The tender documents for the Superstructure Main Contract is scheduled to be issued to the tenderers by the end of the coming month and you have just submitted a draft of the front parts of the tender documents to the Project Manager for comment. It comes to the Project Manager s attention that the Contractors All Risks Insurance of the Works and the Third Party Liability Insurance to be procured by the Contractor as required by your proposed front parts are for different Periods of Insurance. The former is to last till 14 days after Substantial Completion while the latter is to last till the issuance of the Defects Rectification Certificate. The Project Manager doubted if such a variance in the required Periods of Insurances is appropriate. He is thinking of extending the Period of Insurance of the Contractors All Risks Insurance of the Works to cover the entire Defects Liability Period. You are required to draft a letter to advise the Project Manager in this connection. [5 marks] Page 22