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Royal Institution of Chartered Surveyors

The Royal Institution of Chartered Surveyors (RICS) is a global professional body for those working in the Built Environment, Construction, Land, Property and Real Estate. The RICS was founded in London in 1868. It works at a cross-governmental level,[4][5] and aims to promote and enforce the highest international standards[6][7] in the valuation, management and development of land, real estate, construction and infrastructure.

The Royal Institution of Chartered Surveyors
Formation1868; 156 years ago (1868)
TypeProfessional body
HeadquartersLondon, England, UK
Coordinates51°30′3″N 0°7′41″W / 51.50083°N 0.12806°W / 51.50083; -0.12806
Region served
Worldwide
Membership
134,000 (2021)[1]
Chief executive officer
Justin Young (July 2023 - Present)[2]
President
Tina Paillet (2024-2025)[3]
Staff
c. 900
Websitewww.rics.org

Founded as the Institution of Surveyors, it received a royal charter in 1881, and in 1947 became the Royal Institution of Chartered Surveyors. With a London HQ and regional offices across the United Kingdom, plus international offices, it serves a 134,000-strong membership distributed over nearly 150 countries. The RICS is linked to other national surveying institutions, collaborates with other professional bodies, and, in 2013, was a founder member of a coalition to develop the International Property Measurement Standards (IPMS). It also produces cost information and professional guidance on valuation and other activities.

In September 2021, an independent review exposed poor governance practices at the highest levels of the RICS organisation, prompting the resignations of the president, chief executive, interim chair of the governing council, and chair of the management board, in addition to the earlier resignation of the chief operating officer. The report was labelled an "appalling advert for our profession on the world stage". A subsequent review published in June 2022 demanded a "transformation of the institution carried out at pace".

History edit

RICS was founded in London, England, as the Institution of Surveyors after a meeting of 49 surveyors at the Westminster Palace Hotel on 15 June 1868. The inaugural president was John Clutton (who founded Cluttons, a property firm still in business today). The organisation has occupied headquarters on the corner of Great George Street and Little George Street since then.[8] It received a Royal charter as The Surveyors' Institution on 26 August 1881,[9][note 1] The charter required RICS to "promote the usefulness of the profession for the public advantage in the UK and in other parts of the world."

The Surveyors' Institution became the Chartered Surveyors' Institution in 1930.[10] In 1946, George VI granted the title "Royal" and in 1947 the professional body became the Royal Institution of Chartered Surveyors.[11]

 
RICS Headquarters, Parliament Square, London

The RICS (with the CIOB, CIBSE, IstructE and RIBA) was a founder member of the Building Industry Council, today the Construction Industry Council, in 1988.[12]

International presence edit

RICS headquarters is in London with its main support functions in Birmingham. There are regional offices in the United Kingdom, across mainland Europe, in China, Singapore, Australia, the Middle East, Sub-Saharan Africa, North America and Brazil.

In 2018, there are RICS-qualified professionals in nearly 150 countries. RICS accredits 134,000 (as of September 2021) qualified and trainee professionals worldwide.[1] The majority of accredited individuals are still based in the United Kingdom with large numbers also in mainland Europe, Australia and Hong Kong. There is now a strong growth globally, particularly in China, India and the Americas.

RICS has close links with many national surveying institutions and is a founding member association of the International Federation of Surveyors (FIG). Within RICS the primary areas of practice represented at FIG are geomatics (land and hydrographic survey), environment, planning, construction and valuation.

RICS works in close collaboration with other professional bodies, central banks and international organisations such as The United Nations, World Bank and The European Union.

International standards edit

In 2013, RICS was a founder member of the coalition to develop International Property Measurement Standards, which launched its first standard – for measuring office space – in November 2014. It launched its second standard, for measuring residential buildings, in September 2016. In 2014 RICS was a founder member of the coalition to develop International Ethics Standards,[13] standards designed to add greater consistency to developing and reinforcing professional ethics globally – these launched in December 2016.

To add greater consistency to the benchmarking, measuring, and reporting of construction project costs, International Construction Measurement Standards[14] were published in July 2017. The coalition for International Land Measurement Standards – aiding consistency of interpretation and documentation of tenure – launched in June 2016. In each case, coalition member bodies are committed to implementing the new standards through training and guidance for professional practitioners.

The RICS is a founder member of the International Valuation Standards Committee.

Membership edit

Entry to membership of RICS is via four main routes: academic; graduate; technical; and senior professional. RICS has links with universities worldwide, with whom they have accredited approved courses which satisfy part of the qualification requirements to become trainee surveyors. RICS also offers expedited routes to membership for qualified professional members of some partner associations.

RICS requires members to update their knowledge and competence during their working life through Continuing Professional Development. Professionals holding RICS qualifications may use the following designations after their name:

  • AssocRICS (Associate); previously members at this level were known as Technical Members and used the designation "TechRICS"[15]
  • MRICS (Member); previously members at this level were known as Professional Associates and used the designation "ARICS"
  • FRICS (Fellow)
  • HonRICS (Honorary members)

Those with the designation MRICS or FRICS are also known as Chartered Surveyors[16] and variations such as "Chartered Building Surveyor", "Chartered Valuation Surveyor" or "Chartered Quantity Surveyor", depending on their chosen specialist qualifications and field of expertise.

Both AssocRICS and MRICS require the collation of a candidate's training and work experience to be assessed by RICS trained assessors,[17] although some may be eligible for direct entry based on international qualifications. MRICS has a higher technical bar to entry and there is an academic prerequisite which does not exist for AssocRICS.[17] MRICS applications are also subject to an Assessment of Professional Competence (APC) interview, held by a panel of Chartered Surveyors where the candidate's experience, knowledge and technical skill is assessed during the interview.[18] FRICS is the highest accolade awarded and demonstrates the professional achievements of an individual. It is an honoured class of membership awarded and an international measure of excellence. Only those who hold the MRICS designation are eligible to apply for FRICS and they must meet the required number of professional characteristics.[17]

Professional groups edit

RICS specifies areas of specialism, each with its own professional group, clustered into Land, Property and Construction. Within each professional group there may be further specialisms.[19]

Property Professional Groups Land Professional Groups Built Environment Professional Groups
Arts & Antiquities Environment Building Control
Commercial Property Geomatics Building Surveying
Dispute Resolution Minerals & Waste Project Management
Facilities Management Planning & Development Quantity Surveying & Construction
Machinery & Assets Rural Dilapidations forum
Management Consultancy Telecom forum Insurance forum
Residential property Infrastructure
Valuation
Building conservation forum

Specialist accreditations edit

RICS aims to cover, among its practising members, property and construction related expertise generally. Specialised areas of practice expertise for which accreditation is available include:

  • Building Information Modelling (BIM) Manager Certification
  • Building Conservation
  • Chartered Environmentalists
  • Dispute Resolution
  • ECO Assessor Certification
  • Fixed Charge Receivership Scheme
  • Valuer Registration.

RICS Matrics edit

The junior branch of RICS, known as Matrics (pronounced "matrix"), provides educational support, charitable and networking activities for surveying students, trainee surveyors (of any age) and Chartered Surveyors with ten years or less post-qualification experience.[20] It comprises some 40 local groups across the United Kingdom. Established in 1889 as the Junior Committee, it became the "Junior Organisation" ("JO") in 1928 and was re-branded as "RICS Matrics" in 2003. It also has links with the Young Chartered Surveyors in the Republic of Ireland.

Governance edit

The RICS is governed by a governing council, to which report a management board, a standards and regulation board, and an audit committee.[21]

2019-2021 governance review edit

In January 2021, the RICS reversed a decision to suppress a 2019 BDO report critical of the organisation's financial governance. According to the Sunday Times, four non-executive directors had expressed concerns about the report's findings, but were dismissed in November 2019 by then president Chris Brooke.[22] Following a letter from four past presidents, the RICS initially rejected an independent review,[23][24] but, after the ousted directors also wrote a letter, then said its governing council would "revisit" the issue,[25][26] and on 22 January 2021 announced it would initiate an independent inquiry into the affair.[27] In 2019, RICS finances were reported to have been in a difficult position, the organisation having made a pre-tax loss of £4.7m on £91.3m of income from fees and commercial activities. It subsequently made 140 people redundant.[28] In February 2021, the RICS president Kathleen Fontana said that, in addition to the independent review into the audit report, the governing council was agreeing a strategic review into the institution's governance and member engagement. Building reported member views that expensive membership fees did not reflect the benefits they receive, and that RICS' international expansion had been "at the expense of its core UK membership, which feels disengaged and neglected".[29]

In April 2021, Peter Oldham, the chair of the independent review of RICS's governance resigned "for professional reasons", to be replaced by Alison Levitt QC with completion delayed to June 2021[30] – later pushed back to mid-August 2021.[31] On 4 June 2021, Building reported the "surprise" resignation and immediate departure of RICS' chief operating officer Violetta Parylo amid "a storm of calls" from members for reform.[32] The RICS review of its purpose and relevance had been published in May 2021. Based on 9,000 responses, it reported members' trust in the RICS had plummeted by nearly a third, while satisfaction with membership had fallen to a historic low of 43%.[33]

Levitt review edit

Levitt's governance review was delivered to the RICS in early August but not immediately made public, prompting calls for its full publication;[34] the report was first reviewed by a five-strong subgroup of RICS's 26-member governing council.[35] Property Week columnist Peter Bill said "a private tiff has ballooned into a crisis of confidence in the 130,000-member institution" with a defensive management facing a small but powerful group of disaffected members.[35] After the August departure of RICS managing director Matthew Howell, RICS CEO Sean Tompkins resigned on 9 September 2021,[36][37] when the full Levitt Review was published; Tompkins also forfeited a £190,000 bonus payment.[38] In light of the Review findings, RICS president Kathleen Fontana, the interim chair of the governing council Chris Brooke, and management board chair Paul Marcuse also resigned,[39] and RICS terminated its relationship with London law firm Fieldfisher, criticised by Levitt for being "demonstrably and inappropriately partisan."[40]

Levitt said the RICS had made it "as difficult as possible" for people to contact the review; "RICS management and others on occasion" gave an "impression of reluctant acquiescence" during her investigations, she said.[41] Her 467-page report concluded that the four non-executive board members had been wrongly dismissed and that sound governance principles were not followed.[42] The CEO and COO thus operated with little effective scrutiny and become resistant to challenge amid "a power struggle". Levitt recommended "a wide-ranging external review of purpose, governance and strategy, led by an independent reviewer", plus interim recommendations relating to governance, executive remuneration, whistle-blowing and legal advice. The RICS governing council committed to apologise to the dismissed non-executive directors, and to implement all the report's recommendations.[39] On 30 September 2021, Building reported on a "grovelling public apology" from the RICS to the wrongfully dismissed non-executive directors, and said an external review of the institution's future purpose was set to start within weeks.[43] The ousted non-executive directors welcomed the formal apology but said it was "difficult to accept it as a statement of genuine contrition".[44]

Gleeds chairman and Building columnist Richard Steer called the governance scandal an "appalling advert for our profession on the world stage" and said RICS needed to undergo a "complete restructuring".[45] Paul Roberts, MD of global law firm Secretariat, said all 21 members of the RICS's governing council should be removed and replaced with new blood elected by the RICS membership.[46]

In October 2021, the RICS refused a request by 40 former and current employees to launch an investigation into how the institution selected staff to be furloughed during the COVID-19 pandemic. The employees group alleged that some staff were furloughed as RICS had considered them too supportive of the institution’s membership, and sought a review of RICS's human resource procedures, but RICS refused, considering the matter closed.[47]

The Cabinet Office provided advice on suitable individuals to lead the review of the RICS's future purpose.[48] In December 2021, the RICS announced former senior civil servant Michael Bichard would lead a six-month review into its governance and future purpose, with three objectives set by the RICS's governing council: to "create clarity" about the RICS' purpose, to propose how the organisation could be a "beacon for best practice" in governance, transparency and accountability, and to ensure that governance is "fit for today" and could remain relevant in future.[49]

Bichard review edit

The 68-page Bichard review, recommending sweeping reforms, was published on 21 June 2022.[50] It said the future success of the organisation would "require nothing less than a transformation of the institution carried out at pace"; the need for change was "urgent" and "unarguable". Bichard's recommendations included: a renewed and increased focus on the public interest remit of RICS, including amending the Royal Charter and creating a public interest panel to advise the RICS's Governing Council; maintaining self-regulation, through greater independence for regulatory functions; increased focus on diversity and inclusion; empowering and enabling members through greater support for regional boards, alongside increased member engagement, with renewed focus on younger members; an independent review of RICS's governance and effectiveness at delivering against its Charter for the public advantage once every five years; a new simplified, clear, accountable governance structure; and greater leadership on major society issues such as sustainability and climate change.[51] Bichard also said the RICS should seek to continue to increase its influence overseas - a policy that was "very contentious" among the institution’s 140,000 members.[50]

Bichard said: "My aim has been to help create a new sense of purpose and direction so that RICS can once more stand tall as an exemplar professional institution, capable of tackling the challenges which will shape the way we all live our lives in the years to come. Issues such as climate change and sustainability, improving the built environment and building safety all sit within the remit of RICS and will benefit from the contribution which a revitalised RICS could make."[51]

Nick Maclean, interim chair of RICS's governing council, said: "The Bichard RICS Review represents a watershed moment for the institution, and a key point in time which sets out a path for permanent improvement. Implementation of the recommendations will provide a solid accountable structure to effectively support our professionals and work in the public interest. RICS governing council strongly endorses the recommendations, and will implement these proposals."[51] McLean was set to stand down on 5 October 2022, his role being abolished as part of Bichard's recommendations; the chief executive role would also be replaced by a new director general.[50]

In August 2022, Bichard was appointed as interim senior independent governor through to 31 December 2023, responsible for scrutinising the actions of the RICS' governing council and committees.[52] In December 2022, the RICS announced the establishment of a new board to oversee day-to-day operations and deliver the governing council's strategic plan. It is to be chaired by former CBRE Group director Martin Samworth. He will also review proposed changes to constitutional documents, including the RICS's Royal Charter, recommended in Bichard's review.[53]

Governance review over fire safety edit

In January 2022, the Department for Levelling Up, Housing and Communities was reporting to be planning legislation to enable regular reviews of the RICS's governance. Ministers were said to be frustrated by a RICS decision in December 2021 to maintain its valuation advice requiring External Wall System forms (EWS1s) on blocks under 18m high.[54] Richard Collins, the RICS's interim CEO, publicly questioned the need for the proposed new law to monitor RICS's governance.[55]

Presidents edit

The first president was John Clutton, who was elected in 1868. The first female president was Louise Brooke-Smith, who was elected in 2014.[56]

  • 1868 John Clutton
  • 1870 Richard Hall
  • 1872 Edward Norton Clifton
  • 1874 Thomas Huskinson
  • 1876 Edmund James Smith
  • 1878 William Sturge
  • 1880 Edward Ryde
  • 1883 Thomas Smith-Woolley
  • 1885 Edward L’Anson
  • 1886 William James Beadel MP
  • 1888 Elias Putts Squarey
  • 1890 Robert Collier Driver
  • 1892 Charles John Schoppe
  • 1894 Thomas Chatfield Clarke
  • 1895 Daniel Watney
  • 1897 Christopher Oakley
  • 1898 Robert Vigers
  • 1899 Thomas Miller Mickman
  • 1900 John Sharp
  • 1901 Sir John F L Rolleston MP
  • 1902 Arthur Vernon
  • 1903 Albert Buck
  • 1904 Herbert Thomas Steward
  • 1905 Charles Bidwell
  • 1906 George Langridge
  • 1907 Thomas Taylor Wainwright
  • 1908 Howard Martin
  • 1909 Sir Alexander Rose Stennard
  • 1910 Leslie Robert Vigers
  • 1911 Sir W Edgar Horne MP
  • 1912 Hon Edward Gerald Strutt CH
  • 1913 William Edward Wooley
  • 1914 Howard Chatfield Clarke
  • 1915 John Henry Hanson
  • 1916 Rt Hon George Francis Stewart
  • 1917 Arthur Lyon Ryce
  • 1918 Sir John Hubert Oakley GBE
  • 1919 Andrew Young
  • 1920 John Willmot
  • 1921 Joseph Henry Sabin
  • 1922 John McClarke Clarke
  • 1923 Sir James Ingus Davidson
  • 1924 Sir Edwin Savill OBE
  • 1925 John David Wallis
  • 1926 Denly Watney
  • 1927 Edward Samuel Cox
  • 1928 Charles Browning Fisher CBE
  • 1929 Charles Henry Bidwells
  • 1930 Ernest Hootham Lecester
  • 1931 John Evans Bidwell
  • 1932 Percival Fox Tuckett
  • 1933 Charles Gerald Eve
  • 1934 Alan Arnold
  • 1935 Harry Mercow Stanley
  • 1936 John Medows Theobald
  • 1937 Robert Cobb
  • 1938 Sir Charles Bressey CB CBE
  • 1939 Oswald Healing
  • 1940 Herbert Arthur Stweward
  • 1941 Maj-Gen Sir Herbert Covington Cole CB
  • 1942 Geoffrey Leslie Vigers
  • 1943 William Charles Farnsworth
  • 1944 James Bark
  • 1945 Edward Bailey Gillet
  • 1946 Alfred George Harfield
  • 1947 Richard William Trumpler
  • 1948 Stanley Vivian Hoys
  • 1949 John Arthur Fowls Watson
  • 1950 Herbert Percival Hobbs
  • 1951 John Anthony Arnold-Forster OBE
  • 1952 John Cassles Pinkerton MC
  • 1953 George Arnold Coombe MC
  • 1954 Charles Percival Bowyer TD
  • 1955 William Robinson Brackett OBE TD
  • 1956 Walter Edward Avison Bull
  • 1957 William Morton Balch
  • 1958 Frances George Fruley OBE
  • 1959 John Lewe Postlethwaite
  • 1960 John Douglas Tristram Eve
  • 1961 Eric Codwill Strathem
  • 1962 Geofrey Henry Haywood
  • 1963 Charlie Dennis Pilcher
  • 1964 George Dixon Walford
  • 1965 Sir Henry Weston Wells CBE
  • 1966 Guy Biscoe
  • 1967 Hugh Brian Eve
  • 1968 Sir Oliver Sidney Chesterton MC
  • 1969 John Clarke OBE TD
  • 1970 Edmund James Battersby
  • 1971 John Brendon George MBE TD
  • 1972 Martin Somervell Argles
  • 1973 Edward Norman Harris AFC
  • 1974 Bernard John Collins CBE
  • 1975 David MacFarland Doig
  • 1976 Charles Field Frankton MBE
  • 1977 Frank Cecil Knowles
  • 1978 Peter Witheroe Grafton CBE
  • 1979 Ronald Marshall Wilson
  • 1980 John Nigel Courtenay James
  • 1981 Philip Richard Vincent James
  • 1982 Richard William Peter Luff
  • 1983 Clifford Thomas Dann
  • 1984 Geoffrey Malcolm Townsend
  • 1985 Paul David Orchard-Lisle CBE TD DL
  • 1986 Donald Alexander Gordon Troup
  • 1987 Michael Garth Clarke TD
  • 1988 David Harris Robert Yorke
  • 1989 David Ronald Male
  • 1990 Sir Daniel Norton Idris Pearce CBE
  • 1991 Edward Watts
  • 1992 Christopher William Jonas
  • 1993 Clive Hewitt Lewis
  • 1994 Ron Swanston
  • 1995 Simon Francis Pott
  • 1996 Jeremy David Baggot Bayliss
  • 1997 Peter McKendrick
  • 1998 Richard Neville Lay
  • 1999 Simon Henry Kolesar
  • 2000 Jonathan David Harris OBE
  • 2001 Peter Ralph Faulkner
  • 2002 Peter William Fall
  • 2003 Nicholas Brooke
  • 2004 Barry Gordon Gilbertson
  • 2005 Stephen Glynn Williams
  • 2006 Graham Frank Chase
  • 2007 David William Tuffin
  • 2008 Peter Eliot Goodacre RD
  • 2009 Max Osborn Crofts
  • 2010 Robert Peto
  • 2011 See Lian Ong KMN
  • 2012 Alan Pascoe Collett
  • 2013 Micheal Clive Newey
  • 2014 Jane Louise Brooke-Smith
  • 2015 Martin Johannes Brühl
  • 2016 Amanda Georgina Clack
  • 2017 John Winston Hughes
  • 2018 Christopher John Brooke
  • 2019 Timothy Neal
  • 2020 Kathleen Fontana[a]
  • 2021 Clement Lau
  • 2022 Ann Gray
  • 2023 Tina Paillet
  1. ^ Following publication of the Levitt Review, Fontana resigned on 9 September 2021, with president-elect Clement Lau immediately succeeding her.[57]

Guidance edit

BCIS edit

BCIS, the Building Cost Information Service, was established in 1962 and provides independent cost and price information to the construction industry and others needing comprehensive, accurate and independent data. It was spun out of RICS in 2022, becoming an independent company. [citation needed]

Isurv edit

Isurv is an online information service for expertise in natural and built environments. Launched by the RICS in September 2003, it provides insight from verified legal experts and industry practitioners relating to construction.

Rental valuation of public houses, bars, restaurants and nightclubs in England and Wales edit

The primary RICS professional guidance on this subject is covered at VPGA 4 Valuation.[58] It provides practical assistance to valuers dealing with public houses which are valued and assessed in a completely different way other commercial businesses.

Public houses are valued by the profits method of valuation, often referred to as Fair Maintainable Trade Or Turnover (FMT). The FMT method applies to tens of thousands of commercial properties in England and Wales and is the basis of rateable valuation by the Valuation Office Agency, who also follow this method. RICS guidance ('The Red Book') emphasises that a valuer specialising in such valuations are regularly involved in the market, as practical knowledge of the factors affecting the market is essential to analysis of comparable transactions.[59]

SMM edit

The Standard Method of Measurement (SMM) published by the RICS consisted of classification tables and rules of measurement, allowing use of a uniform basis for measuring building works. It was first published in 1922, superseding a Scottish Standard Method of Measurement which had been published in 1915. Its seventh edition (SMM7) was first published in 1988 and revised in 1998. SMM7 was replaced by the New Rules of Measurement, volume 2 (NRM2), which were published in April 2012 by the RICS Quantity Surveying and Construction Professional Group and became operational on 1 January 2013.[60] NRM2 has been in general use since July 2013.

SMM7 was accompanied by the Code of Procedure for the Measurement of Building Works (the SMM7 Measurement Code). Whilst SMM7 could have a contractual status within a project, for example in the JCT Standard form of Building Contract), the Measurement Code was not mandatory.[61]

NRM2 Is the second of three component parts within the NRM suite:

  • NRM1 – Order of cost estimating and cost planning for capital building works
  • NRM2 – Detailed measurement for building works
  • NRM3 – Order of cost estimating and cost planning for building maintenance works.[62]

Charitable works edit

Lionheart is the benevolent fund for past and present RICS members and their families. The charity was established in 1899 and provides financial support, health and well-being packages, and work-related counselling and befriending support. RICS also supports the Chartered Surveyors Training Trust, which helps young people enter the profession through apprenticeships;[63] Charity Property Help, which provides property advice to charities and voluntary organisations,[64] and The Chartered Surveyors' Voluntary Service (CSVS), a registered charity providing free property advice to people who would otherwise struggle to access professional assistance.[65]

See also edit

Notes edit

  1. ^ Under the charter, full members were classed as Fellows (FSI) or Professional Associates (PASI). Non-chartered associate and student memberships were also provided for.[9]

References edit

  1. ^ a b RICS. "Who we are and what we do". rics.org. RICS. Retrieved 17 September 2021.
  2. ^ "RICS appoints Justin Young as new CEO". BE News. 19 June 2023. Retrieved 19 June 2023.
  3. ^ Norman, Paul. "Former Generali Chief Becomes RICS President". CoStar. Retrieved 24 January 2024.
  4. ^ "Morning Briefing: RICS survey highlights housing market concerns". Inside Housing. Retrieved 15 February 2019.
  5. ^ Kollewe, Julia (17 January 2019). "UK house prices fall at fastest rate in six years on back of Brexit – RICS". The Guardian. ISSN 0261-3077. Retrieved 15 February 2019.
  6. ^ "RICS: Upholding Professional Standards". rics.org. Retrieved 15 February 2019.
  7. ^ "RICS looks to certify 10,000 chartered surveyors in India by 2029". Moneycontrol. 30 October 2018. Retrieved 15 February 2019.
  8. ^ . RICS. 2014. Archived from the original on 1 December 2014. Retrieved 27 September 2014.
  9. ^ a b "The Institution of Surveyors". The Times. 10 September 1881. p. 12. Retrieved 27 September 2014.(subscription required)
  10. ^ "Chartered Surveyors". The Times. 15 November 1930. p. 8. Retrieved 27 September 2014.(subscription required)
  11. ^ "Royal Institution of Chartered Surveyors". The Times. 28 May 1946. p. 8. Retrieved 27 September 2014.(subscription required)
  12. ^ "Speaking with one voice". New Civil Engineer. 22 October 1998. Retrieved 18 January 2021.
  13. ^ IES. "International Ethics Standards". IES coalition. IES. Retrieved 2 January 2018.
  14. ^ ICMS. "International Construction Measurement Standards". ICMS coalition. Retrieved 2 January 2018.
  15. ^ "AssocRICS – the new grade". RICS. 1 January 2009. Retrieved 11 October 2009.
  16. ^ "Becoming an RICS Member". ricsrecruis.com. 4 April 2016. Retrieved 30 June 2019.
  17. ^ a b c "Become an RICS Fellow (FRICS)".
  18. ^ "Assessment of Professional Competence (APC)".
  19. ^ Professional Groups of the RICS
  20. ^ RICS
  21. ^ "Corporate Governance at RICS". RICS. Retrieved 18 January 2021.
  22. ^ Kelly, Liam (13 December 2020). "Wobbly foundations of property agents' guild". Sunday Times. Retrieved 18 January 2021.
  23. ^ "More trouble at RICS uncovered by newspaper investigation". The Negotiator. 14 December 2020. Retrieved 18 January 2021.
  24. ^ Kelly, Liam (20 December 2020). "Bosses of the rickety RICS are on the ropes". Sunday Times. Retrieved 18 January 2021.
  25. ^ Shah, Oliver (17 January 2021). "Ousted directors speak up as RICS does inquiry U-turn". Sunday Times. Retrieved 18 January 2021.
  26. ^ Lowe, Tom (18 January 2021). "RICS set for U-turn as it plans independent review into handling of governance scandal". Building. Retrieved 18 January 2021.
  27. ^ Lowe, Tom (22 January 2021). "RICS bows to pressure and sets up inquiry into governance furore". Building. Retrieved 22 January 2021.
  28. ^ Norwood, Graham (11 January 2021). "RICS finance controversy - new allegations made by newspaper". Estate Agent Today. Retrieved 19 January 2021.
  29. ^ "RICS consultation: What reforms do members want?". Building. 3 February 2021. Retrieved 3 February 2021.
  30. ^ McArthy, Sebastian (10 April 2021). "Chair of RICS investigation resigns". Property Week. Retrieved 20 April 2021.
  31. ^ Lowe, Tom (23 July 2021). "Delayed review into RICS' governance scandal due in less than a month". Building. Retrieved 23 July 2021.
  32. ^ Marshall, Jordan (4 June 2021). "RICS chief operating officer quits". Building. Retrieved 4 June 2021.
  33. ^ Lowe, Tom (20 May 2021). "Members' anger laid bare as satisfaction rate with RICS slumps to historic low". Building. Retrieved 4 June 2021.
  34. ^ McCarthy, Sebastian (18 August 2021). "Ousted RICS director calls for review to be made public". Property Week. Retrieved 19 August 2021.
  35. ^ a b Bill, Peter (26 August 2021). "Levitt'll set RICS change agenda". Property Week. Retrieved 2 September 2021.
  36. ^ McCarthy, Sebastian (9 September 2021). "Sean Tompkins to step down as RICS CEO". Property Week. Retrieved 9 September 2021.
  37. ^ Lowe, Tom (9 September 2021). "NEWS Sean Tompkins in talks to resign as RICS chief executive". Building. Retrieved 9 September 2021.
  38. ^ Lowe, Tom (15 September 2021). "Sean Tompkins will not receive full £260,000 bonus, RICS confirms". Building. Retrieved 15 September 2021.
  39. ^ a b "RICS Publishes Independent Review - Accepts All Recommendations". RICS. Retrieved 9 September 2021.
  40. ^ Ames, Jonathan (27 October 2021). "RICS dump City law firm Fieldfisher after dismissal case". Times. Retrieved 18 November 2021.
  41. ^ Lowe, Tom (17 September 2021). "RICS report author: 'They made it hard for me to get evidence'". Building. Retrieved 17 September 2021.
  42. ^ Lewis, Nigel (9 September 2021). "BREAKING: Levitt report into RICS scandal reveals 'disaster waiting to happen'". The Negotiator. Retrieved 9 September 2021.
  43. ^ Lowe, Tom (30 September 2021). "RICS issues grovelling public apology to wrongfully dismissed non-executives". Building. Retrieved 1 October 2021.
  44. ^ McCarthy, Sebastian (4 October 2021). "Ousted RICS directors say apology is "difficult to accept"". Property Week. Retrieved 5 October 2021.
  45. ^ Lowe, Tom (13 September 2021). "Gleeds chairman in withering attack on RICS leadership after resignations bloodbath". Building. Retrieved 13 September 2021.
  46. ^ Lowe, Tom (27 September 2021). "Clear out RICS' governing council and replace it with newly elected members, boss of global law firm says". Building. Retrieved 28 September 2021.
  47. ^ Lowe, Tom (19 October 2021). "RICS rebuffs calls for investigation into staff furloughing during pandemic". Building. Retrieved 19 October 2021.
  48. ^ Lowe, Tom (6 October 2021). "Government suggests candidates to lead RICS' 'future purpose' review". Building. Retrieved 8 October 2021.
  49. ^ Lowe, Tom (2 December 2021). "RICS appoints former senior civil servant to lead future purpose review". Building. Retrieved 2 December 2021.
  50. ^ a b c Lowe, Tom (21 June 2022). "RICS to remain 'truly international institution', leadership says as Bichard publishes review". Building. Retrieved 22 June 2022.
  51. ^ a b c Schoffman, Marc (21 June 2022). "Bichard RICS Review: Need for change is 'urgent' and 'unarguable'". Estate Agent Today. Retrieved 22 June 2022.
  52. ^ Lowe, Tom (9 August 2022). "Michael Bichard appointed to senior RICS position". Building. Retrieved 9 August 2022.
  53. ^ Gayne, Daniel (12 December 2022). "RICS board chair named as governance shake-up continues". Building. Retrieved 12 December 2022.
  54. ^ Brown, Carl (12 January 2022). "Ministers plan law to order independent reviews of RICS governance". Building. Retrieved 12 January 2022.
  55. ^ Brown, Carl (3 February 2022). "RICS boss hits back at plan for new monitoring powers over body". Building. Retrieved 3 February 2022.
  56. ^ . Archived from the original on 18 November 2011. Retrieved 16 November 2011.
  57. ^ OBeirne, Sarah (10 September 2021). "Four members of RICS leadership team step down". Facilities Management Journal. Retrieved 17 September 2021.
  58. ^ See also the capital and rental valuation of public houses, bars, restaurants and nightclubs in England and Wales
  59. ^ The Red Book Global Standards
  60. ^ RICS, RICS standards and guidance – SMM7: Standard method of measurement of building works, accessed 1 July 2020
  61. ^ Designing Buildings Wiki, Standard Method of Measurement, accessed 1 July 2020
  62. ^ RICS, NRM, accessed 2 August 2020
  63. ^ RICS 2015-05-18 at the Wayback Machine
  64. ^ RICS 2015-05-18 at the Wayback Machine
  65. ^ RICS 2015-05-18 at the Wayback Machine

External links edit

  • RICS website
  • AIQS website

royal, institution, chartered, surveyors, rics, redirects, here, gene, rics, gene, rics, global, professional, body, those, working, built, environment, construction, land, property, real, estate, rics, founded, london, 1868, works, cross, governmental, level,. RICS redirects here For the gene see RICS gene The Royal Institution of Chartered Surveyors RICS is a global professional body for those working in the Built Environment Construction Land Property and Real Estate The RICS was founded in London in 1868 It works at a cross governmental level 4 5 and aims to promote and enforce the highest international standards 6 7 in the valuation management and development of land real estate construction and infrastructure The Royal Institution of Chartered SurveyorsFormation1868 156 years ago 1868 TypeProfessional bodyHeadquartersLondon England UKCoordinates51 30 3 N 0 7 41 W 51 50083 N 0 12806 W 51 50083 0 12806Region servedWorldwideMembership134 000 2021 1 Chief executive officerJustin Young July 2023 Present 2 PresidentTina Paillet 2024 2025 3 Staffc 900Websitewww wbr rics wbr org Founded as the Institution of Surveyors it received a royal charter in 1881 and in 1947 became the Royal Institution of Chartered Surveyors With a London HQ and regional offices across the United Kingdom plus international offices it serves a 134 000 strong membership distributed over nearly 150 countries The RICS is linked to other national surveying institutions collaborates with other professional bodies and in 2013 was a founder member of a coalition to develop the International Property Measurement Standards IPMS It also produces cost information and professional guidance on valuation and other activities In September 2021 an independent review exposed poor governance practices at the highest levels of the RICS organisation prompting the resignations of the president chief executive interim chair of the governing council and chair of the management board in addition to the earlier resignation of the chief operating officer The report was labelled an appalling advert for our profession on the world stage A subsequent review published in June 2022 demanded a transformation of the institution carried out at pace Contents 1 History 2 International presence 2 1 International standards 3 Membership 3 1 Professional groups 3 2 Specialist accreditations 3 3 RICS Matrics 4 Governance 4 1 2019 2021 governance review 4 1 1 Levitt review 4 1 2 Bichard review 4 2 Governance review over fire safety 4 3 Presidents 5 Guidance 5 1 BCIS 5 2 Isurv 5 3 Rental valuation of public houses bars restaurants and nightclubs in England and Wales 5 4 SMM 6 Charitable works 7 See also 8 Notes 9 References 10 External linksHistory editRICS was founded in London England as the Institution of Surveyors after a meeting of 49 surveyors at the Westminster Palace Hotel on 15 June 1868 The inaugural president was John Clutton who founded Cluttons a property firm still in business today The organisation has occupied headquarters on the corner of Great George Street and Little George Street since then 8 It received a Royal charter as The Surveyors Institution on 26 August 1881 9 note 1 The charter required RICS to promote the usefulness of the profession for the public advantage in the UK and in other parts of the world The Surveyors Institution became the Chartered Surveyors Institution in 1930 10 In 1946 George VI granted the title Royal and in 1947 the professional body became the Royal Institution of Chartered Surveyors 11 nbsp RICS Headquarters Parliament Square London The RICS with the CIOB CIBSE IstructE and RIBA was a founder member of the Building Industry Council today the Construction Industry Council in 1988 12 International presence editRICS headquarters is in London with its main support functions in Birmingham There are regional offices in the United Kingdom across mainland Europe in China Singapore Australia the Middle East Sub Saharan Africa North America and Brazil In 2018 there are RICS qualified professionals in nearly 150 countries RICS accredits 134 000 as of September 2021 qualified and trainee professionals worldwide 1 The majority of accredited individuals are still based in the United Kingdom with large numbers also in mainland Europe Australia and Hong Kong There is now a strong growth globally particularly in China India and the Americas RICS has close links with many national surveying institutions and is a founding member association of the International Federation of Surveyors FIG Within RICS the primary areas of practice represented at FIG are geomatics land and hydrographic survey environment planning construction and valuation RICS works in close collaboration with other professional bodies central banks and international organisations such as The United Nations World Bank and The European Union International standards edit In 2013 RICS was a founder member of the coalition to develop International Property Measurement Standards which launched its first standard for measuring office space in November 2014 It launched its second standard for measuring residential buildings in September 2016 In 2014 RICS was a founder member of the coalition to develop International Ethics Standards 13 standards designed to add greater consistency to developing and reinforcing professional ethics globally these launched in December 2016 To add greater consistency to the benchmarking measuring and reporting of construction project costs International Construction Measurement Standards 14 were published in July 2017 The coalition for International Land Measurement Standards aiding consistency of interpretation and documentation of tenure launched in June 2016 In each case coalition member bodies are committed to implementing the new standards through training and guidance for professional practitioners The RICS is a founder member of the International Valuation Standards Committee Membership editEntry to membership of RICS is via four main routes academic graduate technical and senior professional RICS has links with universities worldwide with whom they have accredited approved courses which satisfy part of the qualification requirements to become trainee surveyors RICS also offers expedited routes to membership for qualified professional members of some partner associations RICS requires members to update their knowledge and competence during their working life through Continuing Professional Development Professionals holding RICS qualifications may use the following designations after their name AssocRICS Associate previously members at this level were known as Technical Members and used the designation TechRICS 15 MRICS Member previously members at this level were known as Professional Associates and used the designation ARICS FRICS Fellow HonRICS Honorary members Those with the designation MRICS or FRICS are also known as Chartered Surveyors 16 and variations such as Chartered Building Surveyor Chartered Valuation Surveyor or Chartered Quantity Surveyor depending on their chosen specialist qualifications and field of expertise Both AssocRICS and MRICS require the collation of a candidate s training and work experience to be assessed by RICS trained assessors 17 although some may be eligible for direct entry based on international qualifications MRICS has a higher technical bar to entry and there is an academic prerequisite which does not exist for AssocRICS 17 MRICS applications are also subject to an Assessment of Professional Competence APC interview held by a panel of Chartered Surveyors where the candidate s experience knowledge and technical skill is assessed during the interview 18 FRICS is the highest accolade awarded and demonstrates the professional achievements of an individual It is an honoured class of membership awarded and an international measure of excellence Only those who hold the MRICS designation are eligible to apply for FRICS and they must meet the required number of professional characteristics 17 Professional groups edit RICS specifies areas of specialism each with its own professional group clustered into Land Property and Construction Within each professional group there may be further specialisms 19 Property Professional Groups Land Professional Groups Built Environment Professional Groups Arts amp Antiquities Environment Building Control Commercial Property Geomatics Building Surveying Dispute Resolution Minerals amp Waste Project Management Facilities Management Planning amp Development Quantity Surveying amp Construction Machinery amp Assets Rural Dilapidations forum Management Consultancy Telecom forum Insurance forum Residential property Infrastructure Valuation Building conservation forum Specialist accreditations edit RICS aims to cover among its practising members property and construction related expertise generally Specialised areas of practice expertise for which accreditation is available include Building Information Modelling BIM Manager Certification Building Conservation Chartered Environmentalists Dispute Resolution ECO Assessor Certification Fixed Charge Receivership Scheme Valuer Registration RICS Matrics edit The junior branch of RICS known as Matrics pronounced matrix provides educational support charitable and networking activities for surveying students trainee surveyors of any age and Chartered Surveyors with ten years or less post qualification experience 20 It comprises some 40 local groups across the United Kingdom Established in 1889 as the Junior Committee it became the Junior Organisation JO in 1928 and was re branded as RICS Matrics in 2003 It also has links with the Young Chartered Surveyors in the Republic of Ireland Governance editThe RICS is governed by a governing council to which report a management board a standards and regulation board and an audit committee 21 2019 2021 governance review edit In January 2021 the RICS reversed a decision to suppress a 2019 BDO report critical of the organisation s financial governance According to the Sunday Times four non executive directors had expressed concerns about the report s findings but were dismissed in November 2019 by then president Chris Brooke 22 Following a letter from four past presidents the RICS initially rejected an independent review 23 24 but after the ousted directors also wrote a letter then said its governing council would revisit the issue 25 26 and on 22 January 2021 announced it would initiate an independent inquiry into the affair 27 In 2019 RICS finances were reported to have been in a difficult position the organisation having made a pre tax loss of 4 7m on 91 3m of income from fees and commercial activities It subsequently made 140 people redundant 28 In February 2021 the RICS president Kathleen Fontana said that in addition to the independent review into the audit report the governing council was agreeing a strategic review into the institution s governance and member engagement Building reported member views that expensive membership fees did not reflect the benefits they receive and that RICS international expansion had been at the expense of its core UK membership which feels disengaged and neglected 29 In April 2021 Peter Oldham the chair of the independent review of RICS s governance resigned for professional reasons to be replaced by Alison Levitt QC with completion delayed to June 2021 30 later pushed back to mid August 2021 31 On 4 June 2021 Building reported the surprise resignation and immediate departure of RICS chief operating officer Violetta Parylo amid a storm of calls from members for reform 32 The RICS review of its purpose and relevance had been published in May 2021 Based on 9 000 responses it reported members trust in the RICS had plummeted by nearly a third while satisfaction with membership had fallen to a historic low of 43 33 Levitt review edit Levitt s governance review was delivered to the RICS in early August but not immediately made public prompting calls for its full publication 34 the report was first reviewed by a five strong subgroup of RICS s 26 member governing council 35 Property Week columnist Peter Bill said a private tiff has ballooned into a crisis of confidence in the 130 000 member institution with a defensive management facing a small but powerful group of disaffected members 35 After the August departure of RICS managing director Matthew Howell RICS CEO Sean Tompkins resigned on 9 September 2021 36 37 when the full Levitt Review was published Tompkins also forfeited a 190 000 bonus payment 38 In light of the Review findings RICS president Kathleen Fontana the interim chair of the governing council Chris Brooke and management board chair Paul Marcuse also resigned 39 and RICS terminated its relationship with London law firm Fieldfisher criticised by Levitt for being demonstrably and inappropriately partisan 40 Levitt said the RICS had made it as difficult as possible for people to contact the review RICS management and others on occasion gave an impression of reluctant acquiescence during her investigations she said 41 Her 467 page report concluded that the four non executive board members had been wrongly dismissed and that sound governance principles were not followed 42 The CEO and COO thus operated with little effective scrutiny and become resistant to challenge amid a power struggle Levitt recommended a wide ranging external review of purpose governance and strategy led by an independent reviewer plus interim recommendations relating to governance executive remuneration whistle blowing and legal advice The RICS governing council committed to apologise to the dismissed non executive directors and to implement all the report s recommendations 39 On 30 September 2021 Building reported on a grovelling public apology from the RICS to the wrongfully dismissed non executive directors and said an external review of the institution s future purpose was set to start within weeks 43 The ousted non executive directors welcomed the formal apology but said it was difficult to accept it as a statement of genuine contrition 44 Gleeds chairman and Building columnist Richard Steer called the governance scandal an appalling advert for our profession on the world stage and said RICS needed to undergo a complete restructuring 45 Paul Roberts MD of global law firm Secretariat said all 21 members of the RICS s governing council should be removed and replaced with new blood elected by the RICS membership 46 In October 2021 the RICS refused a request by 40 former and current employees to launch an investigation into how the institution selected staff to be furloughed during the COVID 19 pandemic The employees group alleged that some staff were furloughed as RICS had considered them too supportive of the institution s membership and sought a review of RICS s human resource procedures but RICS refused considering the matter closed 47 The Cabinet Office provided advice on suitable individuals to lead the review of the RICS s future purpose 48 In December 2021 the RICS announced former senior civil servant Michael Bichard would lead a six month review into its governance and future purpose with three objectives set by the RICS s governing council to create clarity about the RICS purpose to propose how the organisation could be a beacon for best practice in governance transparency and accountability and to ensure that governance is fit for today and could remain relevant in future 49 Bichard review edit The 68 page Bichard review recommending sweeping reforms was published on 21 June 2022 50 It said the future success of the organisation would require nothing less than a transformation of the institution carried out at pace the need for change was urgent and unarguable Bichard s recommendations included a renewed and increased focus on the public interest remit of RICS including amending the Royal Charter and creating a public interest panel to advise the RICS s Governing Council maintaining self regulation through greater independence for regulatory functions increased focus on diversity and inclusion empowering and enabling members through greater support for regional boards alongside increased member engagement with renewed focus on younger members an independent review of RICS s governance and effectiveness at delivering against its Charter for the public advantage once every five years a new simplified clear accountable governance structure and greater leadership on major society issues such as sustainability and climate change 51 Bichard also said the RICS should seek to continue to increase its influence overseas a policy that was very contentious among the institution s 140 000 members 50 Bichard said My aim has been to help create a new sense of purpose and direction so that RICS can once more stand tall as an exemplar professional institution capable of tackling the challenges which will shape the way we all live our lives in the years to come Issues such as climate change and sustainability improving the built environment and building safety all sit within the remit of RICS and will benefit from the contribution which a revitalised RICS could make 51 Nick Maclean interim chair of RICS s governing council said The Bichard RICS Review represents a watershed moment for the institution and a key point in time which sets out a path for permanent improvement Implementation of the recommendations will provide a solid accountable structure to effectively support our professionals and work in the public interest RICS governing council strongly endorses the recommendations and will implement these proposals 51 McLean was set to stand down on 5 October 2022 his role being abolished as part of Bichard s recommendations the chief executive role would also be replaced by a new director general 50 In August 2022 Bichard was appointed as interim senior independent governor through to 31 December 2023 responsible for scrutinising the actions of the RICS governing council and committees 52 In December 2022 the RICS announced the establishment of a new board to oversee day to day operations and deliver the governing council s strategic plan It is to be chaired by former CBRE Group director Martin Samworth He will also review proposed changes to constitutional documents including the RICS s Royal Charter recommended in Bichard s review 53 Governance review over fire safety edit In January 2022 the Department for Levelling Up Housing and Communities was reporting to be planning legislation to enable regular reviews of the RICS s governance Ministers were said to be frustrated by a RICS decision in December 2021 to maintain its valuation advice requiring External Wall System forms EWS1s on blocks under 18m high 54 Richard Collins the RICS s interim CEO publicly questioned the need for the proposed new law to monitor RICS s governance 55 Presidents edit The first president was John Clutton who was elected in 1868 The first female president was Louise Brooke Smith who was elected in 2014 56 1868 John Clutton 1870 Richard Hall 1872 Edward Norton Clifton 1874 Thomas Huskinson 1876 Edmund James Smith 1878 William Sturge 1880 Edward Ryde 1883 Thomas Smith Woolley 1885 Edward L Anson 1886 William James Beadel MP 1888 Elias Putts Squarey 1890 Robert Collier Driver 1892 Charles John Schoppe 1894 Thomas Chatfield Clarke 1895 Daniel Watney 1897 Christopher Oakley 1898 Robert Vigers 1899 Thomas Miller Mickman 1900 John Sharp 1901 Sir John F L Rolleston MP 1902 Arthur Vernon 1903 Albert Buck 1904 Herbert Thomas Steward 1905 Charles Bidwell 1906 George Langridge 1907 Thomas Taylor Wainwright 1908 Howard Martin 1909 Sir Alexander Rose Stennard 1910 Leslie Robert Vigers 1911 Sir W Edgar Horne MP 1912 Hon Edward Gerald Strutt CH 1913 William Edward Wooley 1914 Howard Chatfield Clarke 1915 John Henry Hanson 1916 Rt Hon George Francis Stewart 1917 Arthur Lyon Ryce 1918 Sir John Hubert Oakley GBE 1919 Andrew Young 1920 John Willmot 1921 Joseph Henry Sabin 1922 John McClarke Clarke 1923 Sir James Ingus Davidson 1924 Sir Edwin Savill OBE 1925 John David Wallis 1926 Denly Watney 1927 Edward Samuel Cox 1928 Charles Browning Fisher CBE 1929 Charles Henry Bidwells 1930 Ernest Hootham Lecester 1931 John Evans Bidwell 1932 Percival Fox Tuckett 1933 Charles Gerald Eve 1934 Alan Arnold 1935 Harry Mercow Stanley 1936 John Medows Theobald 1937 Robert Cobb 1938 Sir Charles Bressey CB CBE 1939 Oswald Healing 1940 Herbert Arthur Stweward 1941 Maj Gen Sir Herbert Covington Cole CB 1942 Geoffrey Leslie Vigers 1943 William Charles Farnsworth 1944 James Bark 1945 Edward Bailey Gillet 1946 Alfred George Harfield 1947 Richard William Trumpler 1948 Stanley Vivian Hoys 1949 John Arthur Fowls Watson 1950 Herbert Percival Hobbs 1951 John Anthony Arnold Forster OBE 1952 John Cassles Pinkerton MC 1953 George Arnold Coombe MC 1954 Charles Percival Bowyer TD 1955 William Robinson Brackett OBE TD 1956 Walter Edward Avison Bull 1957 William Morton Balch 1958 Frances George Fruley OBE 1959 John Lewe Postlethwaite 1960 John Douglas Tristram Eve 1961 Eric Codwill Strathem 1962 Geofrey Henry Haywood 1963 Charlie Dennis Pilcher 1964 George Dixon Walford 1965 Sir Henry Weston Wells CBE 1966 Guy Biscoe 1967 Hugh Brian Eve 1968 Sir Oliver Sidney Chesterton MC 1969 John Clarke OBE TD 1970 Edmund James Battersby 1971 John Brendon George MBE TD 1972 Martin Somervell Argles 1973 Edward Norman Harris AFC 1974 Bernard John Collins CBE 1975 David MacFarland Doig 1976 Charles Field Frankton MBE 1977 Frank Cecil Knowles 1978 Peter Witheroe Grafton CBE 1979 Ronald Marshall Wilson 1980 John Nigel Courtenay James 1981 Philip Richard Vincent James 1982 Richard William Peter Luff 1983 Clifford Thomas Dann 1984 Geoffrey Malcolm Townsend 1985 Paul David Orchard Lisle CBE TD DL 1986 Donald Alexander Gordon Troup 1987 Michael Garth Clarke TD 1988 David Harris Robert Yorke 1989 David Ronald Male 1990 Sir Daniel Norton Idris Pearce CBE 1991 Edward Watts 1992 Christopher William Jonas 1993 Clive Hewitt Lewis 1994 Ron Swanston 1995 Simon Francis Pott 1996 Jeremy David Baggot Bayliss 1997 Peter McKendrick 1998 Richard Neville Lay 1999 Simon Henry Kolesar 2000 Jonathan David Harris OBE 2001 Peter Ralph Faulkner 2002 Peter William Fall 2003 Nicholas Brooke 2004 Barry Gordon Gilbertson 2005 Stephen Glynn Williams 2006 Graham Frank Chase 2007 David William Tuffin 2008 Peter Eliot Goodacre RD 2009 Max Osborn Crofts 2010 Robert Peto 2011 See Lian Ong KMN 2012 Alan Pascoe Collett 2013 Micheal Clive Newey 2014 Jane Louise Brooke Smith 2015 Martin Johannes Bruhl 2016 Amanda Georgina Clack 2017 John Winston Hughes 2018 Christopher John Brooke 2019 Timothy Neal 2020 Kathleen Fontana a 2021 Clement Lau 2022 Ann Gray 2023 Tina Paillet Following publication of the Levitt Review Fontana resigned on 9 September 2021 with president elect Clement Lau immediately succeeding her 57 Guidance editBCIS edit Main article BCIS BCIS the Building Cost Information Service was established in 1962 and provides independent cost and price information to the construction industry and others needing comprehensive accurate and independent data It was spun out of RICS in 2022 becoming an independent company citation needed Isurv edit Main article Isurv Isurv is an online information service for expertise in natural and built environments Launched by the RICS in September 2003 it provides insight from verified legal experts and industry practitioners relating to construction Rental valuation of public houses bars restaurants and nightclubs in England and Wales edit The primary RICS professional guidance on this subject is covered at VPGA 4 Valuation 58 It provides practical assistance to valuers dealing with public houses which are valued and assessed in a completely different way other commercial businesses Public houses are valued by the profits method of valuation often referred to as Fair Maintainable Trade Or Turnover FMT The FMT method applies to tens of thousands of commercial properties in England and Wales and is the basis of rateable valuation by the Valuation Office Agency who also follow this method RICS guidance The Red Book emphasises that a valuer specialising in such valuations are regularly involved in the market as practical knowledge of the factors affecting the market is essential to analysis of comparable transactions 59 SMM edit The Standard Method of Measurement SMM published by the RICS consisted of classification tables and rules of measurement allowing use of a uniform basis for measuring building works It was first published in 1922 superseding a Scottish Standard Method of Measurement which had been published in 1915 Its seventh edition SMM7 was first published in 1988 and revised in 1998 SMM7 was replaced by the New Rules of Measurement volume 2 NRM2 which were published in April 2012 by the RICS Quantity Surveying and Construction Professional Group and became operational on 1 January 2013 60 NRM2 has been in general use since July 2013 SMM7 was accompanied by the Code of Procedure for the Measurement of Building Works the SMM7 Measurement Code Whilst SMM7 could have a contractual status within a project for example in the JCT Standard form of Building Contract the Measurement Code was not mandatory 61 NRM2 Is the second of three component parts within the NRM suite NRM1 Order of cost estimating and cost planning for capital building works NRM2 Detailed measurement for building works NRM3 Order of cost estimating and cost planning for building maintenance works 62 Charitable works editLionheart is the benevolent fund for past and present RICS members and their families The charity was established in 1899 and provides financial support health and well being packages and work related counselling and befriending support RICS also supports the Chartered Surveyors Training Trust which helps young people enter the profession through apprenticeships 63 Charity Property Help which provides property advice to charities and voluntary organisations 64 and The Chartered Surveyors Voluntary Service CSVS a registered charity providing free property advice to people who would otherwise struggle to access professional assistance 65 See also editChartered Institution of Civil Engineering Surveyors Remote Sensing and Photogrammetry SocietyNotes edit Under the charter full members were classed as Fellows FSI or Professional Associates PASI Non chartered associate and student memberships were also provided for 9 References edit a b RICS Who we are and what we do rics org RICS Retrieved 17 September 2021 RICS appoints Justin Young as new CEO BE News 19 June 2023 Retrieved 19 June 2023 Norman Paul Former Generali Chief Becomes RICS President CoStar Retrieved 24 January 2024 Morning Briefing RICS survey highlights housing market concerns Inside Housing Retrieved 15 February 2019 Kollewe Julia 17 January 2019 UK house prices fall at fastest rate in six years on back of Brexit RICS The Guardian ISSN 0261 3077 Retrieved 15 February 2019 RICS Upholding Professional Standards rics org Retrieved 15 February 2019 RICS looks to certify 10 000 chartered surveyors in India by 2029 Moneycontrol 30 October 2018 Retrieved 15 February 2019 History RICS 2014 Archived from the original on 1 December 2014 Retrieved 27 September 2014 a b The Institution of Surveyors The Times 10 September 1881 p 12 Retrieved 27 September 2014 subscription required Chartered Surveyors The Times 15 November 1930 p 8 Retrieved 27 September 2014 subscription required Royal Institution of Chartered Surveyors The Times 28 May 1946 p 8 Retrieved 27 September 2014 subscription required Speaking with one voice New Civil Engineer 22 October 1998 Retrieved 18 January 2021 IES International Ethics Standards IES coalition IES Retrieved 2 January 2018 ICMS International Construction Measurement Standards ICMS coalition Retrieved 2 January 2018 AssocRICS the new grade RICS 1 January 2009 Retrieved 11 October 2009 Becoming an RICS Member ricsrecruis com 4 April 2016 Retrieved 30 June 2019 a b c Become an RICS Fellow FRICS Assessment of Professional Competence APC Professional Groups of the RICS RICS Corporate Governance at RICS RICS Retrieved 18 January 2021 Kelly Liam 13 December 2020 Wobbly foundations of property agents guild Sunday Times Retrieved 18 January 2021 More trouble at RICS uncovered by newspaper investigation The Negotiator 14 December 2020 Retrieved 18 January 2021 Kelly Liam 20 December 2020 Bosses of the rickety RICS are on the ropes Sunday Times Retrieved 18 January 2021 Shah Oliver 17 January 2021 Ousted directors speak up as RICS does inquiry U turn Sunday Times Retrieved 18 January 2021 Lowe Tom 18 January 2021 RICS set for U turn as it plans independent review into handling of governance scandal Building Retrieved 18 January 2021 Lowe Tom 22 January 2021 RICS bows to pressure and sets up inquiry into governance furore Building Retrieved 22 January 2021 Norwood Graham 11 January 2021 RICS finance controversy new allegations made by newspaper Estate Agent Today Retrieved 19 January 2021 RICS consultation What reforms do members want Building 3 February 2021 Retrieved 3 February 2021 McArthy Sebastian 10 April 2021 Chair of RICS investigation resigns Property Week Retrieved 20 April 2021 Lowe Tom 23 July 2021 Delayed review into RICS governance scandal due in less than a month Building Retrieved 23 July 2021 Marshall Jordan 4 June 2021 RICS chief operating officer quits Building Retrieved 4 June 2021 Lowe Tom 20 May 2021 Members anger laid bare as satisfaction rate with RICS slumps to historic low Building Retrieved 4 June 2021 McCarthy Sebastian 18 August 2021 Ousted RICS director calls for review to be made public Property Week Retrieved 19 August 2021 a b Bill Peter 26 August 2021 Levitt ll set RICS change agenda Property Week Retrieved 2 September 2021 McCarthy Sebastian 9 September 2021 Sean Tompkins to step down as RICS CEO Property Week Retrieved 9 September 2021 Lowe Tom 9 September 2021 NEWS Sean Tompkins in talks to resign as RICS chief executive Building Retrieved 9 September 2021 Lowe Tom 15 September 2021 Sean Tompkins will not receive full 260 000 bonus RICS confirms Building Retrieved 15 September 2021 a b RICS Publishes Independent Review Accepts All Recommendations RICS Retrieved 9 September 2021 Ames Jonathan 27 October 2021 RICS dump City law firm Fieldfisher after dismissal case Times Retrieved 18 November 2021 Lowe Tom 17 September 2021 RICS report author They made it hard for me to get evidence Building Retrieved 17 September 2021 Lewis Nigel 9 September 2021 BREAKING Levitt report into RICS scandal reveals disaster waiting to happen The Negotiator Retrieved 9 September 2021 Lowe Tom 30 September 2021 RICS issues grovelling public apology to wrongfully dismissed non executives Building Retrieved 1 October 2021 McCarthy Sebastian 4 October 2021 Ousted RICS directors say apology is difficult to accept Property Week Retrieved 5 October 2021 Lowe Tom 13 September 2021 Gleeds chairman in withering attack on RICS leadership after resignations bloodbath Building Retrieved 13 September 2021 Lowe Tom 27 September 2021 Clear out RICS governing council and replace it with newly elected members boss of global law firm says Building Retrieved 28 September 2021 Lowe Tom 19 October 2021 RICS rebuffs calls for investigation into staff furloughing during pandemic Building Retrieved 19 October 2021 Lowe Tom 6 October 2021 Government suggests candidates to lead RICS future purpose review Building Retrieved 8 October 2021 Lowe Tom 2 December 2021 RICS appoints former senior civil servant to lead future purpose review Building Retrieved 2 December 2021 a b c Lowe Tom 21 June 2022 RICS to remain truly international institution leadership says as Bichard publishes review Building Retrieved 22 June 2022 a b c Schoffman Marc 21 June 2022 Bichard RICS Review Need for change is urgent and unarguable Estate Agent Today Retrieved 22 June 2022 Lowe Tom 9 August 2022 Michael Bichard appointed to senior RICS position Building Retrieved 9 August 2022 Gayne Daniel 12 December 2022 RICS board chair named as governance shake up continues Building Retrieved 12 December 2022 Brown Carl 12 January 2022 Ministers plan law to order independent reviews of RICS governance Building Retrieved 12 January 2022 Brown Carl 3 February 2022 RICS boss hits back at plan for new monitoring powers over body Building Retrieved 3 February 2022 A full list of past presidents Archived from the original on 18 November 2011 Retrieved 16 November 2011 OBeirne Sarah 10 September 2021 Four members of RICS leadership team step down Facilities Management Journal Retrieved 17 September 2021 See also the capital and rental valuation of public houses bars restaurants and nightclubs in England and Wales The Red Book Global Standards RICS RICS standards and guidance SMM7 Standard method of measurement of building works accessed 1 July 2020 Designing Buildings Wiki Standard Method of Measurement accessed 1 July 2020 RICS NRM accessed 2 August 2020 RICS Archived 2015 05 18 at the Wayback Machine RICS Archived 2015 05 18 at the Wayback Machine RICS Archived 2015 05 18 at the Wayback MachineExternal links editRICS website AIQS website Retrieved from https en wikipedia org w index php title Royal Institution of Chartered Surveyors amp oldid 1216181297, wikipedia, wiki, book, books, library,

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