|
|
|
|
Bill of quantities
|
| |
|
| |
A bill of quantities (BOQ) is a document itemising the materials, parts, and labor (and their costs) required to construct, maintain, or repair a structure or device.
ntingency sum is an item found within a Bill of quantities (BoQ).
The item refers to unforeseeable cost likely to be incurred during the contract.
There are two types of contingency sum.
Discussion
Ask a question about 'Bill of quantities' Start a new discussion about 'Bill of quantities' Answer questions from other users |
Encyclopedia
A bill of quantities (BOQ) is a document itemising the materials, parts, and labor (and their costs) required to construct, maintain, or repair a structure or device.
Contingency sum
A Contingency sum is an item found within a Bill of quantities (BoQ).
The item refers to unforeseeable cost likely to be incurred during the contract.
There are two types of contingency sum. The first refers to a specific item i.e. 'additional alterations to services when installing said shower unit'; where an item for alterations to existing services is not contained within the BoQ but some work is envisaged.
The second type of sum is where money can be allocated to any item, within the BoQ, in the same way as the above example or used as 'additional work to be undertaken by the contractor, at the request of the contract administrator'.
The first is usually approximated by the client’s PQS and the second by the contractors QS (or commercial manager).
See also
|
| |
|
|
