RICS faculty chairman claims more scrutiny to come for the profession, and urges more take-up of e-tendering
RICS QS and construction faculty chairman Michael Byng claims further regulation on the profession is "inevitable". In an interview with QS ºÃÉ«ÏÈÉúTV this week Byng said the sensitive role of the QS would lead to a regulatory system similar to one that oversees professions such as accountancy and law. "QSs are certifying transfers of large sums of money, often across the globe so I think it is an inevitability".
Byng said a regulatory system, which could be policed by the RICS, was "acceptable". "It's not a problem unless it overburdens the system and costs too much. It's going to come."
Byng also stressed the inevitability of greater use of e-tendering in the industry and for the QS profession to embrace it. "We talk to the government and they are determined to reduce transaction costs. We can't keep using shoals and shoals of paper. This is not just about postage and paper but about accessing all the project information. There are terrific opportunities for QSs through these online systems to manage decisions and information. I see this as even more key for those working in the regions because as a proportion there is more public work outside of London and the Southeast as there is private work."
Source
QS ºÃÉ«ÏÈÉúTV
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