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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.
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 ...
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 ...
[2] 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 ...
The latest officially released version of MasterFormat is the 2018 Edition, which uses the following Divisions: PROCUREMENT AND CONTRACTING REQUIREMENTS GROUP: Division 00 — Procurement and Contracting Requirements; SPECIFICATIONS GROUP. General Requirements Subgroup. Division 01 — General Requirements; Facility Construction Subgroup
Basis of estimate (BOE) is a tool used in the field of project management by which members of the project team, usually estimators, project managers, or cost analysts, calculate the total cost of the project.
With BIM quantity take-off can be conducted almost automatically given that the type of materials, their quantity and price is included in the model. [2] It is known that construction projects often run overtime and over budget and one of the reasons is lack of accuracy in quantity takeoff and estimates. [3] [2]
The New Engineering Contract (NEC), or NEC Engineering and Construction Contract, is a formalised system created by the UK Institution of Civil Engineers that guides the drafting of documents on civil engineering, construction and maintenance projects for the purpose of obtaining tenders, awarding and administering contracts. [1] [2] NEC has ...