Job Summary
To ensure seamless project preparation, execution and effective implementation of the Technical & Commercial Due Diligence (TCDD) process, InfraCredit seeks to engage the services of an in-house Quantity Surveyor. This role will provide technical support to clients (developers) in project preparation and investment-readiness activities under Green Resilient Housing Enhancement Facility (GRHEF), before interactions with TCDD consultants to ensure housing projects meet InfraCredit’s standards and increase the number of transactions reaching financial close. The Quantity Surveyor will work closely with the transaction team, including Transactors, Transaction Legal, and Transaction E&S, to manage the technical and sustainability components of housing deals from origination through project readiness, consultant engagement, TCDD reviews (desktop and site), credit approval and ongoing project monitoring after financial close.
Scope of Work
The Quantity Surveyor’s responsibilities shall include, but not be limited to, the following:
Project Preparation and Appraisal
- Review and evaluate developers’ project documents, including feasibility studies, cost estimates, and bills of quantities (BoQs).
- Assess project cost assumptions, materials specifications, and design efficiency for value for money and constructability.
- Identify cost-related risks and recommend cost optimization or mitigation measures.
- Support developers in preparing detailed project budgets and cash flow projections.
- Review integration of climate-resilient and green building measures into project design and cost planning.
Technical and Commercial Due Diligence (TCDD) Coordination
- Coordinate with prequalified TCDD consultants during the due diligence process.
- Review consultants’ reports and ensure completeness, consistency, and alignment with InfraCredit’s technical and investment criteria.
- Track and resolve technical queries raised during the due diligence review.
- Facilitate site inspections and validation of project cost, design, and implementation readiness.
- Ensure adherence to international green building standards (e.g., IFC’s EDGE) and applicable local building codes and standards.
Transaction Support and Financial Close
- Provide technical inputs to transaction documentation, including cost summaries and risk assessments.
- Support the transaction team (Transactor, Legal, E&S) in structuring and negotiating technical components of deals.
- Validate final project costings, budgets, and timelines prior to approval.
- Participate in internal investment committee reviews to present technical findings and recommendations.
Project Monitoring and Post-Financial Close Support
- Track project progress against approved cost plans, milestones, and timelines.
- Review progress reports, variation orders, and claims for reasonableness and compliance with agreed terms.
- Advise on cost deviations and recommend corrective actions.
- Support periodic technical site visits and prepare monitoring reports for InfraCredit’s management and investors.
Capacity Building and Knowledge Support
- Support InfraCredit in developing standardized project cost templates, benchmarks, and cost databases.
- Provide input to internal capacity-building workshops and knowledge-sharing sessions on project preparation and cost management.
- Contribute to the continuous improvement of InfraCredit’s housing technical due diligence framework.
Deliverables
- Technical appraisal reports and cost review summaries for assigned projects.
- Reviewed and validated BoQs and project budgets.
- Periodic project monitoring and variance reports.
- Technical sections of investment memoranda and TCDD summaries.
- Contributions to InfraCredit’s internal project costing and monitoring tools.
- Documented lessons learned and re-occurring costing-related issues from all housing transactions
- Developed e-learning modules focused on green affordable housing cost planning, bill of quantities, and value engineering considerations.
Expected Outcomes/Results
The workstream is expected to deliver the following outcomes:
- Improved project quality, cost efficiency, and bankability through robust technical reviews and cost optimization.
- Increased number of housing projects meeting InfraCredit’s due diligence criteria and achieving financial close.
- Enhanced internal capacity to assess and quantify incremental climate-resilient costs in housing projects.
- More streamlined coordination of Technical and Commercial Due Diligence (TCDD) processes, ensuring timely delivery of consultant outputs.
- Strengthened project monitoring, cost control, and risk management throughout project implementation.
- Developed internal technical capacity, tools, and benchmarks to support future housing transactions.
Requirements
Candidates for the role should meet the following requirements:
- Bachelor’s degree in Quantity Surveying, Building Economics, Construction Management, Civil Engineering, or a related field.
- Professional certification and membership in a recognized body such as the Nigerian Institute of Quantity Surveyors (NIQS) or Quantity Surveyors Registration Board of Nigeria (QSRBN) (mandatory).
- Minimum of 5 years of relevant experience in quantity surveying, cost management, or project development within the housing sector.
- Demonstrated experience in project appraisal, feasibility assessment, and cost estimation for residential or mixed-use developments.
- Proven ability to conduct or review Technical and Commercial Due Diligence (TCDD) and manage consultant engagements.
- Familiarity with international green building standards (e.g., IFC EDGE, LEED) and local building codes and regulations.
- Strong analytical, financial modeling, and reporting skills, with proficiency in MS Excel, MS Project, and cost estimation software.
- Excellent communication, coordination, and stakeholder engagement skills, particularly in multi-disciplinary project teams.
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