Submission Examples - Technical Flashcards
1
Q
Legal/regulatory compliance Level 2 - Exeter procurement Public Contracts Regulations (2015)
A
- Development procured under PCR (2015), through UK Find a Tender Service
- Linkcity required to submit an SQ outlining proposed bidding model, financial standing and technical capability
- I checked the accuracy of the SQ content and consulted with legal and finance team to verify or declarations prior to submission
2
Q
Legal/regulatory compliance Level 2 - passdown of planning conditions into lease, retail unit Birmingham
A
- When drafting the lease I ensured that the responsibility to comply with planning conditions was passed down to the tenant
- Ensured that this responsibility was clearly set out within clauses in the lease
- Planning conditions included, hours of operation and use class
3
Q
Valuation Level 2 - residual method for pbsa development site, Oval
A
- purpose of valuation was assessing residual land value for internal strategy purposes
- collated comparables to assess the predicted market rent by reviewing
relevant student schemes - considered the RICS Guidance Note:
Comparable Evidence in Real Estate Valuation (2019) - assessed the capitalisation rate through analysis of relevant investment
transactions - capitalised the income to produce a Gross Development
Value (GDV) - subtracted the estimated construction, development and
standard ancillary costs from the GDV to determine the residual land value