One of the most critical documents that ensures a smooth and successful process is the Bill Of Quantities (BOQ).
The BOQ is a comprehensive document that itemises and quantifies all the materials, labour, and associated costs required to complete a construction project. It serves as a detailed breakdown of every element involved, from the foundation to the finishing touches. A BOQ is typically prepared by a quantity surveyor, who meticulously measures and quantifies every item based on the project’s drawings and specifications. This process requires expertise and attention to detail to ensure accuracy.
Why is a BOQ Important?
1) Dispute Resolution:
In case of disagreements, the BOQ acts as a contractual document, providing a clear record of the agreed-upon scope of work and associated costs.
2) Accurate Cost Estimation:
The BOQ provides a precise estimate of the total project cost, helping you secure funding, set a realistic budget, and avoid financial surprises.
3) Transparent Bidding Process:
For contractors, the BOQ forms the basis for competitive bidding, ensuring a fair and transparent process.
4) Project Management Tool:
Throughout the construction process, the BOQ serves as a reference point for tracking progress, managing resources, and controlling costs.
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