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What is the purpose of bill of quantity?

The prime purpose of the Bill of Quantities (BY) is to enable all contractors tendering for a contract to price on exactly the same information. After this, it is widely used for post-tender work such as: material scheduling. Construction planning. Cost analysis. And cost planning.

What is Bill of Quantities PDF?

Bills of Quantities (BY) is one of systematic ways applied in the construction industry in which its primary function is to record items of works for tendering purposes and to create a fair agreement among the parties involved for contracting purposes.

What is included in a bill of quantities?

A bill of quantities is a document used in tendering in the construction industry in which materials, parts, and labor (and their costs) are itemized.

What BOX means?

bill of quantities (BOX) An itemized list of materials, parts, and labor (with their costs) required to construct, maintain, or repair a specific structure.

What is the importance of bill of quantity?

The prime purpose of the Bill of Quantities (BY) is to enable all contractors tendering for a contract to price on exactly the same information. After this, it is widely used for post-tender work such as: material scheduling. Construction planning. Cost analysis. And cost planning.

What does Bill of Quantity mean?

A bill of quantities is a document used in tendering in the construction industry in which materials, parts, and labor (and their costs) are itemized. Preparing a bill of quantities requires that the design is complete and a specification has been prepared.

What are the types of bill of quantity?

According to NRM2, RICH new rules of measurement, Detailed measurement for building work, there are two types of bill of quantities. Firm and approximate.

What is difference between BOX and BOM?

BOX is stands for Bill of Quantity. Not very widely used term, but this is a list of all components with quantities needed to build a product or fulfill the order. BOM (bill of Materials) is more broad term can combine different variants, forms and include hierarchical and other relationships.

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