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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 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 are the format of bill of quantity?
Basic Format for preparing BOX The main sections included in the bill of quantities is Form of Tender, Information, Requirements, Pricing schedule, Provisional sums, and Day works.
What are the function 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 takes precedence drawings or bill of quantities?
If the contract is with quantities, the Box as prepared by the Employer takes precedence over the drawings and specification. Any missing items from the Box are dealt with as a change and therefore a client risk.
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