BILL OF QUANTITIES & SPECIFICATIONS
When you are working on a construction project from design to completion, it is important to have an accurate assessment of the following things:
• What work is being completed?
• How much is being done?
• What is the rate for the work
• What is the total value of the work?
A bill of quantities (BOQ) answers these questions.
USES OF BOQ
The Bill of Quantities has the following uses:
1. Cost planning in the pre contract phase of the project
2. Tendering – An unpriced Bill of Quantities is sent out to bidders to price the work. The bidder with the lowest price normally wins (also based on other qualification criteria)
3. Interim valuation – The Bill of quantities will be the document that the client’s/employer’s Quantity Surveyor or Project Engineer will use to value the progress of work on site.
