BCQS International, the leading Property and Development Consultancy of its kind in the Caribbean region and Latin America announced today they are the first firm to be registered and Regulated by RICS in the Americas with respect to the newly created Valuers Registration Scheme. The scheme was created in response to recent financial crises and the demand from various stakeholders to improve the quality and consistency of valuations.
RICS (Royal Institution of Chartered Surveyors) is the world’s leading professional body for qualifications and standards in land, property and construction. RICS Regulation monitors, guides and assists members and firms to comply with rules, regulations and ethical standards. RICS review and investigate complaints they receive about Members and/or regulated Firms and, where appropriate, take disciplinary action in cases where Members and/or regulated Firms fall short of the standards expected of them.
When asked about the importance of registration to BCQS International, Managing Director, Liam Day said,
“BCQS International is extremely proud to be the first firm Regulated by RICS in the Americas. This RICS Regulation confirmation demonstrates our commitment to providing clients with unrivaled levels of expertise and will reinforce the widespread perception that BCQS is the service provider most committed to the highest standards of professionalism and quality service.”
Sanjay Amin, Director for BCQS International and Chairman of RICS Caribbean states,
“We are delighted and honoured to be the first registered firm Regulated by RICS in the Americas.” Continuing, “This designation is an important milestone for BCQS, especially in today’s recession hit property market in Barbados where more people, governments, banks and commercial organisations demand greater certainty that proper standards are being followed when carrying out valuations/appraisals.”
Steven Gould, Global Director of Regulation, RICS,
“I am very pleased to register BCQS International as the first firm in the Americas to be Regulated by RICS. By signing up to regulation by RICS, BCQS demonstrate their commitment to the highest standards, to operating in a professional and ethical manner, and are open to independent scrutiny. Clients and the general public can take confidence from the mark ‘Regulated by RICS’ as an assurance of quality for firms providing surveying services.”
RICS encourages members to register their firms and to publicise them as being ‘Regulated by RICS’. The framework of the system is driven by the five rules of better regulation. These are proportionality, accountability, consistency, targeting and transparency. By following the rules of conduct, monitored by RICS Regulation, BCQS can provide further confidence and reassurance to their clients that they have adopted the highest standards of professional dealings.
About BCQS International
BCQS International Ltd. is a professional property and development consultancy with locations throughout the Caribbean. Established in 1969, the company has earned a leadership position in its field, and offers a comprehensive range of services, including project management, quantity surveying, cost engineering, construction management, cost management, valuations/appraisals and feasibility studies, claims consulting and loss adjusting.
BCQS projects include residential properties, large-scale commercial buildings and offices, civic and government buildings, hotels and resorts, airports and hospitals, infrastructure projects and exclusive apartments and condominiums. BCQS are approved consultants for all the major banks in the region as well as the British Government’s Foreign and Commonwealth Office, the Department for International Development (DFID), the Caribbean Development Bank, and for European Union-funded projects.