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PART II (To be submitted in separate envelope) TENDER (Bill of Quantities) FOR RENOVATION OF BANK FLATS AT JAIPUR ISSUED TO : LAST DATE FOR SUBMISSION : 10 December 2014 up to 3:00 PM. National Bank
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How to fill out the bill of quantities part?

01
Start by gathering all the necessary information and documents related to the project, such as the project plans, specifications, and any other relevant documents.
02
Review the project plans and specifications thoroughly, paying close attention to the details and dimensions of each item or component.
03
Break down the project into different sections or work packages, and create a detailed list of all the materials, labor, and equipment needed for each section.
04
Use the standardized format for the bill of quantities provided by the organization or client. This typically includes columns for item descriptions, quantities, unit measurements, rates, and total costs.
05
Fill in each item description as accurately as possible to ensure clarity and avoid any confusion during the procurement or construction process. Include all necessary details, such as dimensions, specifications, and any applicable standards or codes.
06
Calculate the quantities required for each item, taking into account any waste, spares, or contingency factors. Ensure that the quantities are based on the specific requirements of the project.
07
Determine the unit measurements for each item, such as square meters, cubic meters, linear meters, kilograms, etc. Make sure to use appropriate and consistent units throughout the bill of quantities.
08
Research and determine the rates for each item, considering factors such as current market prices, supply and demand, and any applicable discounts or special pricing arrangements.
09
Multiply the quantities by the respective rates to calculate the total costs for each item. Ensure that all calculations are accurate and double-check for any errors.
10
Sum up the total costs for each section or work package to obtain the overall bill of quantities for the project.

Who needs the bill of quantities part?

01
Contractors: Contractors use the bill of quantities as a basis for preparing their bids or tenders for the project. It helps them accurately estimate the costs involved in executing the project and assists with material procurement and resource allocation.
02
Quantity Surveyors: Quantity surveyors are responsible for preparing and managing the bill of quantities. They use it to estimate project costs, manage variations and changes, and conduct cost control throughout the project's lifecycle.
03
Project Owners or Clients: Project owners or clients utilize the bill of quantities to evaluate and compare bids from different contractors. It helps them assess the cost-effectiveness and accuracy of the proposals and ensures transparency in the procurement process.
04
Consultants and Design Teams: Consultants and design teams rely on the bill of quantities to review and analyze the project's scope and design. It helps them ensure that all necessary components and materials are included, and assists in value engineering exercises.
05
Financial Institutions: Financial institutions may require the bill of quantities to evaluate the feasibility and cost estimates of a project before providing funding or loans. It helps them assess the project's viability, as well as the financial risks involved.
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The bill of quantities part is a detailed list of items, quantities, and rates required for a construction project.
The contractor or construction company is typically required to file the bill of quantities part.
The bill of quantities part is filled out by listing all the materials, quantities, and rates needed for the project.
The purpose of the bill of quantities part is to provide a clear and detailed breakdown of the costs involved in a construction project.
The bill of quantities part must report the quantities of materials needed, the rates for each item, and any additional costs associated with the project.
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