Objective assessment
The property, available evidence, intended use and agreed scope are considered on their own merits.
BWK Group professional methodology
Property-specific reporting, grounded in evidence and professional judgement
BWK Group applies a consistent professional framework across tax depreciation schedules, insurance valuations, replacement cost reports and construction funding or progress reporting.
The methodology is adapted to the property, the purpose of the report and the agreed scope. This provides a clear basis for the assessment while recognising that different reports answer different questions.
Core principles
A consistent standard across every service engagement
Recognised QS methodology
Established quantity surveying principles are applied in a manner appropriate to the report and decision it supports.
Current construction cost data
Relevant contemporary cost information supports assessments of construction, replacement and remaining work.
Professional judgement
Experience is applied to the evidence, assumptions and property-specific circumstances behind the report.
Applied by report type
Different reports require different evidence and assessment
The same professional principles apply throughout BWK Group, while the assessment focus changes with the purpose of the service engagement.
Property tax reporting
Tax depreciation schedules
The assessment considers the property's construction and improvement history, available records and relevant depreciable assets. Capital works and plant and equipment are addressed where applicable within the Australian tax depreciation framework.
View tax depreciationProperty risk reporting
Insurance and replacement cost
The assessment considers the building, construction, services, access and other property characteristics relevant to replacement or reinstatement cost. Appropriate cost allowances are applied in the context of the agreed insurance or replacement cost purpose.
View insurance and replacement costConstruction reporting
Funding, progress and cost to complete
The assessment is aligned to the relevant project stage and reporting purpose. Drawings, specifications, budgets, claims, site observations and available project records are considered as appropriate to the agreed financier or progress-reporting scope.
View construction reportsInspection and evidence
The assessment method follows the report purpose
Physical inspection
An onsite inspection is used where direct observation, measurement or verification is appropriate to the report scope and is likely to materially improve the assessment.
Document-based assessment
For services where a remote pathway is offered, it is used only where the Quantity Surveyor determines that sufficient reliable information is available and direct observation is not required by the agreed scope.
Professional context
Competence, evidence and reasonable care
BWK Group's methodology has regard to the professional and regulatory context applicable to each service. Tax depreciation work is prepared within the relevant Australian tax and tax-practitioner framework; insurance, replacement cost and construction reports are prepared for their stated purpose and agreed scope.
Across all services, the assessment is based on the evidence reasonably available, relevant quantity surveying methods, current construction cost information and professional judgement.
Scope confirmed upfront
The reporting basis is agreed before work begins
BWK Group reviews the report purpose, property details and available information before the service engagement is accepted. The proposal identifies the service, assessment method, agreed scope and fee.
The report is then prepared in accordance with that agreed basis, giving the client and relevant advisers a clear understanding of the service engagement from the outset.
Start with the report purpose
Tell us about the property and the decision the report needs to support. We will confirm the appropriate service and scope in the proposal.
Request a quoteRequest a quote
Request a property-specific quantity surveying report
Send us the property details and tell us whether it is for tax depreciation, insurance/replacement cost, construction finance, or a progress claim. We will confirm the right report, required documents and expected turnaround.