Should have 5-8yrs of experience in real estate projects
1) Verification & finalization of floor wise quantities for items to be executed in Civil, finishing & MEP works as per finalized budget against GFCs issued.
2) Verification & finalization of base rates as per analysis of rates in final budget. Collection of data from purchase department & external source to verify material component of rate.Verifying & if need be rectifying labour output constants used in rate analysis.
3) Comparison of base rates & quantities as per final budget with contract awarded to vendor, verifying & authorizing any such variations.
4) Authorizing revisions in budget due to changes in drawings / designs.
5) Standardization of payment terms stipulated in work orders to be issued to vendors.
6) Verification of quarterly reconciliation to be submitted by execution team for labours paid on supply basis against actual work done at site. Comparison of supply labour rates paid by contracts team as against prevalent market rates.