The Quantity Surveyors Institute, a professional body set up to compete with the RICS, is poised to sign up 1000 members and will grow to 6000 in five years, claimed founder Roger Knowles this week.
The steering group of the QSI was due to appoint a general council and approve its rules and regulations at a meeting yesterday.

Knowles said: "We've been inundated with replies to our mailshots and more than 1000 people say they want to join. We are proposing a membership fee of £60 a year, and within 12 months we will have two people working full time."

Knowles said the institute would save money by distributing its magazine and communicating by email. A website for the institute has been designed.

  • Dispute resolution firm James R Knowles has announced a pre-tax profit of £724,000 for the year ending 31 July, up from £101,000 last year. Turnover rose from £31m to £32.9m.