You are the professional employed by the client to produce the tender documentation
for a project which is being procured using the traditional procurement route on a lump
sum basis.
Work on site has been under way for some time. When preparing the next month’s
interim valuation, you have discovered that the quantity of blockwork in the bill of
quantities that you prepared is wrong by some considerable margin. Changing this
quantity to the correct amount will add £20,000 to the contract sum. All the blockwork
on site is complete. Other than you, no one appears to have noticed your mistake.
What would you do in this situation and why would you do it?
Provide an overview of how construction professional ethical standards are
associated with the RICS global professional and ethical standards.
