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What is the importance of bill of quantity?
The prime purpose of the Bill of Quantities (BQ) is to enable all contractors tendering for a contract to price on exactly the same information. Subsequent to this, it is widely used for post-tender work such as: material scheduling; construction planning; cost analysis; and cost planning.
What is the purpose of BoQ in construction?
Generally, the Bill of Quantities (BoQ) is drawn-up by the quantity surveyor (employer’s consultant) with construction information provided by the design team. The primary purpose of a BoQ is to ensure all tenderers are provided with a standardised document to price and submit a fair and accurate tender.
What is a bill of quantity in construction?
The bill of quantities (sometimes referred to as ‘BoQ’ or ‘BQ’) is a document prepared by the cost consultant (often a quantity surveyor) that provides project specific measured quantities of the items of work identified by the drawings and specifications in the tender documentation.
What is a bill of quantities and what is it used for?
A Bill of Quantities or BOQ is a document used for tendering in the construction industry. It contains a list of materials or supplies in which the cost for all parts or rates for combined materials and labour and their costs are itemized.
What is meant by bill of quantity?
bill of quantities in British English noun. a document drawn up by a quantity surveyor providing details of the prices, dimensions, etc, of the materials required to build a large structure, such as a factory. Collins English Dictionary.
What is the purpose of a schedule of quantities?
A schedule of quantities is a document which shows a list of works alongside a list of rates to perform those works. The idea is that this performs at least two functions: it shows a detailed breakdown of how the contract sum is comprised, and.
What are specifications in construction?
According to the Dictionary of Architecture & Construction a specification is, “a written document describing in detail the scope of work, materials to be used, methods of installation, and quality of workmanship for a parcel of work to be placed under contract; usually utilized in conjunction with working (contract) …
What are the advantages of providing a schedule of quantities?
Simplifies tendering process ‘Providing a schedule of quantities to tenderers will generate more interest and provide an accurate measure of the draw- ings and specification that has a number of benefits to the principal.
What is the difference between a bill of quantities and a schedule of works?
A Schedule of Works is a contract document that lists the works required on a project. Schedule of Works differ from traditional bills of quantities as each description in the list of the works required is priced as an ‘item’ rather than a quantity.
What is Bill of quantities in building construction?
Bill of quantities. A bill of quantity (BOQ) is a document used in tendering in the construction industry / supplies in which materials, parts, and labor (and their costs) are itemized. It also (ideally) details the terms and conditions of the construction or repair contract and itemizes all work to enable a contractor to price…
What are the types of Bill quantities?
According to Designing Buildings Wiki, there are two distinguishable types of bills of quantities. These are Firm Bill of Quantities and Approximate Bill of Quantities . A firm bill of quantities is the one where the work is measured and described precisely which enables those pricing it (the tenderers) to price it with precision.
What does Bill of quantities mean?
Bill of quantities. A bill of quantities is a document used in tendering in the construction industry in which materials, parts, and labor are itemized.
What is quantity take off in construction?
Quantity take-offs (QTO) are a detailed measurement of materials and labor needed to complete a construction project. They are developed by an estimator during the preconstruction phase. These measurements are used to format a bid on the scope of construction.