Bill of quantities

Encyclopedia : B : BI : BIL : Bill of quantities

In a formal traditional construction in United Kingdom, a bill of quantities is used as a form of cost planning and mapping to monitor and control the construction cost during the execution or post-contract period of construction. Bills of quantities are drawn up and specified by a cost professional called a quantity surveyor and prepared in advance to take into account the works required for a project, and then later used as a tender document to acquire bidding from the contractors who would be interested in winning the job.

There are different styles of bills of quantities, mainly the Elemental BOQ and Trade Bills.

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