Estimated Development Cost Reports (NSW DA)
Australian Institute of Quantity Surveyors (AIQS)
Estimated Development Cost (EDC)
NSW Planning Circular PS24-002
From 4th March 2024 the Environmental Planning and Assessment Regulation 2021 (EP&A Regulation) was changed to replace the methodology for 'estimated cost of development' and 'capital investment value' with a new, single methodology for 'Estimated Development Cost’ (EDC) and related changes to other regulatory provisions and environmental planning instruments (EPIs).
In particular, the reports above certain thresholds are now required to be produced and signed off by a Certified Quantity Surveyor (CQS) using AIQS Credentials and in accordance with the requirement stipulated in Planning Circular PS24-002.
In summary the EDC is the estimated cost of carrying out the development, including:
• the design and erection of a building and associated infrastructure
• the carrying out of a work
• the demolition of a building or work
• fixed or mobile plant and equipment.
but does not include:
• amounts payable, or the cost of land dedicated, or other benefit provided, under a condition imposed under the EP&A Act, Division 7.1 or 7.2 or a planning agreement
• costs relating to a part of the development or project that is the subject of a separate development consent or approval • land costs, including costs of marketing and selling land
• costs of the ongoing maintenance or use of the development
• GST
CPP Quantity Surveyors have the required qualifications to prepare these reports. Please contact us for a quote or for more information.
About CPP Quantity Surveyors
We are expert cost estimators and quantity surveyors, servicing projects throughout metropolitan and regional NSW. If you require more detailed information about our company and other services, please return to our homepage .
Estimated Development Cost (EDC)
We are Quantity Surveyors, certified and registered with the Australian Institute of Quantity Surveyors (AIQS), specialising in preparing Estimated Development Cost Report for NSW Councils.
Our expertise in this area ensures that we accurately prepare cost estimates in compliance with NSW planning and council requirements, thus ensuring our clients do not pay more in fees and contributions than necessary .
Once a project's development cost reaches certain thresholds, including an 'Estimated Development Cost Report for DA' becomes mandatory for most NSW Local Councils in Development Applications (DA) and Construction Certificate (CC) submissions . The Council requires this report to determine the project's value and to calculate the relevant fees and contributions, as outlined in Planning Circular PS24-002, Sections 6 and 208 of the Environmental Planning & Assessment Regulation 2021 and S7.11 and S7.12 of the Development Contributions Plan 2021.
Our team has extensive experience in preparing these reports, and we provide a comprehensive service that involves preparing an estimate based on your applicable DA drawings, creating a suitable cost summary report, and filling out any forms required by the council. Our reports bear our certification signature and Australian Institute of Quantity Surveyors credentials.
As AIQS-certified and registered Quantity Surveyors, we can prepare these reports according to the council's format and requirements. We only need the latest set of electronic DA drawings to complete the process. We understand that some projects require a quick response, and we are well-equipped to expedite our service to meet such needs.
If you require a quote to prepare an Estimated Development Cost (EDC) report, please follow the link below or send an email to contact@cppqs.com.au. We are always ready to offer our expert services and assist you in navigating the DA submission process.
FAQ - Estimated Development Cost Report for DA
How long does it take to prepare an EDC Report?
Do you fill in all the cost summary report for DA council forms?
Do you have to inspect the site or meet with me?
In most cases, we can prepare an estimated development cost report for DA for small residential dwellings within 3-5 business days. We will confirm this in the fee quotation. If you require a fast turnaround, please contact us.
Do you have to inspect the site or meet with me?
Do you fill in all the cost summary report for DA council forms?
Do you have to inspect the site or meet with me?
For almost all estimated development cost reports - no. All the information we require is usually in the DA documentation. If not we will have a chat with you or the Architect to ensure we have all the info we need.
Do you fill in all the cost summary report for DA council forms?
Do you fill in all the cost summary report for DA council forms?
What is included in the estimated development cost report for DA?
Yes! We do this all for you. We fill in the forms and sign the it including our Certified Quantity Surveyor AIQS member credentials.
What is included in the estimated development cost report for DA?
What is included in the estimated development cost report for DA?
What is included in the estimated development cost report for DA?
We prepare the Certified Quantity Surveyor Estimated Development Cost Report for DA in accordance with your council guidelines, requirements & format:
- Reviewing the plans which are to be submitted as part of the DA or CC;
- The preparation of an estimate generally in accordance with the Australian Cost Management Manuals from the Australian Institute of Quantity Surveyors;
- Calculating the development costs in accordance with the definition of the Local Council
- The inclusion of GST in the calculation;
- Measurement of Gross Floor Areas in accordance with the Method of Measurement of Building Areas in the AIQS Cost Management Manual Volume 1, Appendix A2.
- Populating and signing the forms required by Council, if applicable
I would like to get started. How do I go about it?
What is included in the estimated development cost report for DA?
I would like to get started. How do I go about it?
The easiest way to get going on your certified quantity surveyor estimated development cost report for DA is to click on the link provided at the top of this page and fill in the form. Don't forget to attach the drawings so we can see what we are quoting on.
Once we receive your request, we will respond (usually the same day) with a quote. If you are happy with the quote, you can follow the simple instructions provided to accept the quote (it's really easy)
Once you accept, the rest is up to us - well until we send you that pesky invoice. Easy!
Of course if prefer to get going the 20th century way with phone calls and emails - just contact us (details at the bottom of this page).
We look forward to hearing from you.
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(02) 9629 3495 | contact@cppqs.com.au
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