Interim Valuation Process Explained – Quantity Surveying
In a pervious article we discussed the purpose of valuations in Quantity Surveying and how they serve the interim payment process during the lifecycle of a project. In this article, we are going to delve a little deeper into some of the practical steps on how valuations are carried out. This article has been made using the information provided by RICS in the Interim valuations and payments 1stedition, August 2015. The RICS states the following on the purpose of valuations: “The purpose