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  2. Bill of quantities - Wikipedia

    en.wikipedia.org/wiki/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.It also (ideally) details the terms and conditions of the construction or repair contract and itemizes all work to enable a contractor to price the work for which he or she is bidding.

  3. Material take off - Wikipedia

    en.wikipedia.org/wiki/Material_take_off

    A material take off (MTO) is the process of analyzing the drawings and determining all the materials required to accomplish the design. Thereafter, the material take off is used to create a bill of materials (BOM). Procurement and requisition are activities that occur after the bill of materials is complete, distinct from Inspection.

  4. Operational bill - Wikipedia

    en.wikipedia.org/wiki/Operational_bill

    Does not fit in with current contracts in regard to work variation. [13] It needs computers to allow rapid manipulation of the data: this did not exist when it was originally proposed. [14] The design team responsible for creating the operational bill need not be "very familiar with the buildability issues as they affect the construction ...

  5. Glossary of construction cost estimating - Wikipedia

    en.wikipedia.org/wiki/Glossary_of_construction...

    Bill of materials (BOM) - a list of materials required for the construction of a project or part of a project, which may include quantities. Bill of quantities (BOQ) - a document used in tendering in the construction industry in which materials, parts, and labor (and their costs) are itemized. It also (ideally) details the terms and conditions ...

  6. Construction bidding - Wikipedia

    en.wikipedia.org/wiki/Construction_bidding

    These are prepared using drafting standards such as the NEC Engineering and Construction Contract or (formerly) the Institution of Civil Engineers' (ICE) Conditions of Contract. [2] In most cases, the architect will release these construction documents publicly, or to a select group of general contractors, who will then place a bid on the ...

  7. Construction contract - Wikipedia

    en.wikipedia.org/wiki/Construction_contract

    This contract is suitable when the number of items are limited or when it is possible to work out exact quantities of work to be executed. The detailed specifications of all items of work, plans and detail drawings, security deposit, penalty, progress and other condition of contract are included in agreement.

  8. Bill of materials - Wikipedia

    en.wikipedia.org/wiki/Bill_of_materials

    A bill of materials or product structure (sometimes bill of material, BOM or associated list) is a list of the raw materials, sub-assemblies, intermediate assemblies, sub-components, parts, and the quantities of each needed to manufacture an end product. A BOM may be used for communication between manufacturing partners or confined to a single ...

  9. Cost estimate - Wikipedia

    en.wikipedia.org/wiki/Cost_estimate

    The contract documents also establish the Scope of Work (SOW). The standard method is to review and understand the design package and take off (or perform a quantity survey of) the project scope by itemizing it into line items with measured quantities. RSMeans refers to this as, "Scope out the project," and, "Quantify."

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