IQSSL College of Quantity Surveying

What IQSSL College of Quantity Surveying does

The Institute of Quantity Surveyors Sri Lanka (IQSSL), operating through its educational arm IQSSL College of Quantity Surveying, is the sole statutory professional body for Quantity Surveying in Sri Lanka. Originating in 1974 and incorporated by Parliament Act No. 20 of 2007, IQSSL regulates QS professional standards, administers qualification pathways (Graduate Membership Qualifying Examination, Professional Levels 1-3, and Assessment of Professional Competence), and enforces mandatory Continuing Professional Development of 15 hours annually across its 4,000+ membership base. The College of Quantity Surveying, managed by BQSET since 2005, delivers HND in QS programs and professional examinations to 300+ students with 50+ annual enrolments.

IQSSL operates an integrated digital platform comprising the IQSSL website/portal, the My APC online candidate system (launched 2020), a CPD online entry and tracking system, and an online payment portal for membership, examination, and event fees. The organization publishes the quarterly Focus E-magazine and maintains 134+ official publications including technical papers, exam results, and research proceedings. Technology is functional web infrastructure rather than differentiated platforms, supporting administrative workflows and member communications rather than core service delivery.

IQSSL is a not-for-profit professional body generating revenue through five primary streams: recurring annual membership fees (Associate, Graduate, Fellow tiers), transaction-based examination and APC/ATC assessment fees, paid CPD events and seminars, publications sales, and published professional fee guidelines for QS consultancy services. Revenue is not publicly disclosed. The organization maintains reciprocity agreements with international bodies including PAQS, AIQS, and ICEC, and is hosting the PAQS Congress in August 2026 to position Sri Lanka regionally. Operations are governed by an elected Council with a lean staff footprint of 1-10 employees based at headquarters in Colombo 07.

Name

IQSSL College of Quantity Surveying

Legal name

Institute of Quantity Surveyors Sri Lanka

Website

https://iqssl.lk

Company type

Private

Founded year

1974

Operating status

Operating

Headcount range

1–10 employees

Short description

IQSSL College of Quantity Surveying is the sole statutory professional body regulating Quantity Surveying in Sri Lanka, incorporated by Parliament Act No. 20 of 2007, serving 4,000+ members and 300+ students through qualification pathways, CPD programs, and professional standards.

Ownership category

akta.pro rank

Product category

Professional Body Services

NAICS

Educational Support Services (611710)

SIC

Services-Educational Services (8200)

akta.pro primary industry

Architecture, Planning & Surveying (AIA, Planning, Land Surveyor CE) (EDAAALAG)

akta.pro secondary industries

Assessment Policy, Benchmarking & International Comparability Authorities (EDADAFAJ), Project, Quality & Operations (PMP PDUs, Six Sigma, Quality CE) (EDAAALAM)

Keywords

• Professional body membership
• Quantity surveying education
• Professional competency assessment
• Continuing professional development
• Construction cost consultancy

Headquarters

HQ city

Battaramulla, Western

HQ country

Sri Lanka

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Membership Fees: Annual membership fees from professional members at various levels (Associate, Graduate, Fellow). Fees are structured under Rule 12 of IQSSL Rules and are mandatory for maintaining membership status.
2. Professional Level Examinations: Fees collected for Professional Level examinations (Levels 1, 2, 3), HND in QS examinations, and GMQE (Graduate Membership Qualifying Examination). Multiple examination cycles per year.
3. APC Assessment Fees: Fees for Assessment of Professional Competence (APC) and Assessment of Technical Competence (ATC) assessments for members seeking professional qualification.
4. CPD Events and Programs: Revenue from CPD (Continuing Professional Development) events, seminars, and workshops. Some CPD events are free for members while others have paid tickets.
5. Publications: Sales of Focus e-magazine, technical papers, and other official publications. Over 134 publications documented in the system.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Core offering

IQSSL is the statutory professional body for Quantity Surveying in Sri Lanka, delivering professional membership, structured qualification pathways (GMQE, Professional Levels 1-3, APC, ATC), higher education via the College of Quantity Surveying, and Continuing Professional Development (CPD) programs. It also publishes the Focus E-magazine, technical papers, and standardized professional fee scale guidelines for quantity surveying consultancy services across construction categories.

Product overview

IQSSL College of Quantity Surveying operates as a unified professional ecosystem comprising a member-facing website portal, the College of Quantity Surveying educational division (offering HND and Professional Level programs), the My APC online system for professional competence assessment, a CPD tracking system for member compliance, the quarterly Focus E-magazine publication, and various official publications including exam results and technical papers. The main website portal serves as the central hub connecting these components, enabling members to access education programs, submit CPD entries, view publications, and manage their professional development journey.

Differentiator

Problem solved

Functional benefit

Brands

• College of Quantity Surveying: Educational arm of IQSSL offering HND in QS, Professional Levels 1, 2, 3, and GMQE examinations

Products and services

• IQSSL Professional Membership
• College of Quantity Surveying Educational Programs
• Assessment of Professional Competence (APC)
• Assessment of Technical Competence (ATC)
• Continuing Professional Development (CPD) Program
• Focus E-magazine and Technical Publications
• Professional Fees Guidelines for QS Consultancy

Named customers2 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Organisation for Professional Associations (OPA Sri Lanka)coreStrategic or Co-development Partner · 1 January 1974OPA Sri Lanka was established in 1974 as a joint professional body to cater to Sri Lanka's growing need for professional opinion. IQSSL is a member association of OPA, enabling collaboration across multiple professional disciplines in Sri Lanka.
• Pacific Association of Quantity Surveyors (PAQS)coreStrategic or Co-development PartnerPAQS is an international association of national organizations representing Quantity Surveyors in Asia and Western Pacific region. IQSSL hosts PAQS Congress 2026, demonstrating a core partnership in organizing regional professional events and standards.
• International Cost Engineering Council (ICEC)minorStrategic or Co-development PartnerICEC is a nonpolitical and nonprofit organization founded in 1976 promoting cooperation between national and multinational cost engineering, quantity surveying and project management organizations worldwide for mutual wellbeing.
• Australian Institute of Quantity Surveyors (AIQS)minorStrategic or Co-development PartnerAIQS is a professional standards body ensuring practicing Quantity Surveyors maintain highest standards of professional excellence through leadership, standards and code of ethics. IQSSL has reciprocity arrangements for member recognition.
• Sri Lanka National Arbitration Centre (SLNAC)minorOthersSLNAC was established and incorporated in 1985 as the leading institution for commercial arbitration in Sri Lanka. Referenced as a resource for dispute resolution services relevant to quantity surveying practice.

Scale indicators7 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Canadian Institute of Quantity Surveyors (CIQS): Canadian national professional body for quantity surveyors offering membership, designation (ECCE, PQS), and CPD. Operates a comparable professional certification model to IQSSL.
• Hong Kong Institute of Surveyors (HKIS): Statutory professional body in Hong Kong covering quantity surveying, building surveying, and related disciplines. HKIS operates a similar member/exam/CPD model and is a PAQS member alongside IQSSL.
• Australian Institute of Quantity Surveyors (AIQS): Australian national professional body for quantity surveyors offering membership grades, CPD, and certification. AIQS has a direct reciprocity agreement with IQSSL, making it the closest international peer in scope and function.
• Singapore Institute of Surveyors and Valuers (SISV): National professional body in Singapore for surveyors and valuers, including QS. SISV offers analogous membership pathways, CPD, and professional qualifications, and is a fellow PAQS member.
• South African Council for the Quantity Surveying Profession (SACQSP): Statutory regulator for the quantity surveying profession in South Africa. Both IQSSL and SACQSP serve as the legally designated bodies responsible for QS registration and competency standards in their respective jurisdictions.

Regional players

• Royal Institution of Surveyors Malaysia (RISM): Malaysian chartered body for surveyors including quantity surveying. Operates comparable member, CPD, and qualification frameworks in a regional Southeast Asian market.
• Nigerian Institute of Quantity Surveyors (NIQS): National professional body for quantity surveyors in Nigeria. Both serve as the statutory regulator of the QS profession in their respective countries, run similar membership pathways and CPD programs, and operate in similar developing-economy construction markets.
• Institution of Surveyors of Uganda (ISU): National professional body for surveyors in Uganda operating in a developing-market context comparable to Sri Lanka. Similar scale and emerging-economy dynamics make ISU a relevant regional peer for IQSSL.

Broad incumbents

• Royal Institution of Chartered Surveyors (RICS): Global professional body for surveyors including quantity surveyors, headquartered in the UK. RICS is a much larger incumbent offering overlapping qualifications, CPD, and member services across 140+ countries, with a far broader portfolio beyond QS.

Others

• Pacific Association of Quantity Surveyors (PAQS): Umbrella association of national QS bodies across Asia and the Western Pacific. IQSSL is a PAQS member and is hosting the PAQS Congress 2026, making PAQS the most directly linked ecosystem organization.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks4 records

Key highlights7 records

Customer concentration

• Xtwitter.com/iqssllk
• YouTubeyoutube.com/channel/UCIPlBKxJk_sYao-6ZTloSkQ
• Facebookfacebook.com/iqssl
• LinkedInlinkedin.com/company/iqssl-college-of-quantity-surveying

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles18 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about IQSSL College of Quantity Surveying