Skyline Projects Quantity Surveyor Interview Questions and Answers

Escalation is the process of adjusting the contract price to account for changes in market conditions or unforeseen events.

• Determine the escalation clause in the contract

• Identify the appropriate index or benchmark to use for escalation

• Calculate the escalation factor based on the chosen index

• Apply the escalation factor to the contract price

• Document the escalation process and communicate it to all parties involved

Deduction rules vary based on the item in the bill.

• Deductions are made based on the terms of the contract.

• Some items may have a fixed percentage of deduction, while others may have a fixed amount.

• Deductions may also be made for incomplete or defective work.

• Examples of items with deduction rules include materials, labor, and overhead costs.