DA Detailed Cost Report Understanding the Importance

Mar 27, 2024

DA Detailed Cost Report Understanding the Importance

Are you in the midst of the intricate design process, gearing up to submit your documentation for Development Application (DA) approval to your local council? If so, you’ve likely encountered the necessity of providing a “Registered Quantity Surveyor’s DA Detailed Cost Report.” But why is this report indispensable?

Meeting Regulatory Requirements

In the realm of development, projects surpassing certain value thresholds necessitate the expertise of a “Registered Quantity Surveyor (QS).” This designation refers to a quantity surveyor who holds full membership (either Fellow or Member grade level) with the Australian Institute of Quantity Surveyors (AIQS) (www.aiqs.com.au).

Understanding Legislative Mandates

The council’s DA detailed cost report holds significant weight, serving as the basis for calculating development contribution fees, as outlined in Section 7.12 of the Environmental Planning & Assessment Act 1979 (EP&A Act 1979). This clause empowers councils to impose levies on developers, proportionate to the development costs, to fund local infrastructure works or enhancements. The precise percentage of this levy varies across different councils.

Expertise Tailored to Your Needs

At Cost Logic, we specialize in preparing these crucial reports. Our team Quantity Surveyors boasts the expertise needed to navigate the complexities of regulatory compliance and cost estimation. Contact us today for a no-obligation quote, and let us streamline your DA approval process.

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