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Lastedited10Jan2014
Seefullhistory
Pricedbillofquantities
Abillofquantitiesisadocumentpreparedbytheclient'scostconsultantthatprovidesmeasured
quantitiesoftheitemsofworknecessarytoconstructadevelopment.Theseitemsofworkare
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describedbythedrawingsandspecificationsinthetenderdocumentation.Thequantitiesmaybe
Billofquantities.
measuredinnumber,length,area,volume,weightortime.
Commonarrangementofworksections.
ComparisonofSMM7withNRM2.
Anunpricedbillofquantities(sometimesreferredtoasthetenderpricingdocument)isissuedto
tenderers,whowillthenestimatetheirpriceforeachitem.Thispricedbillofquantities
constitutesthetenderer'scompleteoffer.Itistheunpricedbillofquantities,butwiththe
tenderersrates,costsandtotalsadded.
NewRulesofMeasurement.
StandardMethodofMeasurement.
Tenderdocumentation.
Uniclass.
Thepreparation,bytheclientsconsultants,ofanunpricedbillofquantitiesassiststenderersin
thecalculationofconstructioncostsfortheirtender,and,asitmeansalltenderingcontractors
willbepricingthesamequantities(ratherthantakingoffquantitiesfromthedrawingsand
specificationsthemselves),itprovidesafairandaccuratesystemfortendering.Italsomakesit
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possibletocompareboththeoverallpriceandindividualitemsdirectlywithothertenderers
offers,allowingadetailedassessmentofwhichaspectsofatendermayoffergoodorpoor
value.Thisinformationcanassistwithtendernegotiations.
BIMmandate
Thepricedbillofquantitieswillalso:
Assistwiththeagreementofthecontractsumwiththesuccessfultenderer.
Provideascheduleofratesassistingwiththevaluationofvariations.
Provideabasisforthevaluationofinterimpayments.
Provideabasisforthepreparationofthefinalaccount.
Itisveryimportantthatbillsofquantitiesarepreparedaccordingtoastandard,widely
recognisedmethodology.Thishelpsavoidanyambiguitiesormisunderstandingsandsohelps
avoiddisputesarisingthroughdifferentinterpretationsofwhathasbeenpriced.IntheUK,billsof
quantitiesforgeneralconstructionworkswillmostcommonlybepreparedinaccordancewiththe
BIMisnowmandatoryforallcentrally
StandardMethodofMeasurement7thEdition(SMM7)ortheNewRulesofMeasurement,which
procuredpublicprojects.Checkoutour
becameoperativeon1January2013(refRICS(http://www.isurv.com/nrm))andreplacedSMM7
resourcestohelpyouadapt.
on1stJuly2013(refRICS(http://www.rics.org/uk/SMM7StandardMethodofMeasurementfor
BuildingWorks.aspx)).
Virtualrealityinconstruction
Billsofquantitiesaremostusefultothecontractorwhentheyarepreparedinworksectionsthat
reflectlikelysubcontractpackages.Thismakesiteasierforthecontractortoobtainpricesfrom
subcontractorsandismorelikelytoresultinanaccurateandcompetitiveprice.
Findoutmore
http://www.designingbuildings.co.uk/wiki/Priced_bill_of_quantities
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PricedbillofquantitiesDesigningBuildingsWiki
RelatedarticlesonDesigningBuildingsWiki
Billofquantities.
Commonarrangementofworksections.
ComparisonofSMM7withNRM2.
NewRulesofMeasurement.
StandardMethodofMeasurement.
Tenderdocumentation.
Uniclass.
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Thecompanythatishelpingintroducevirtual
realitytechnologytoconstruction.
Buildingservicesspecification
NeweditionofBSRIAguideBG56published
ModelFormatforBuildingServices
Specifications.
ZahaHadid
AprofileofthelateZahaHadid.
SSEArena
TheSSEArenacelebrates10yearssinceit
wasrefurbished.Hereisthestorybehindone
ofLondon'smosticonicentertainmentvenues.
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BuildingoftheweekChryslerBuilding
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NewYorkHorizon
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SkyscraperCompetitionproposetheradical
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U+IThinkeventwithJohnMcDonnellMP
Labour'sShadowChancellormakespleafor
furtherengagementwiththelanddevelopment
sectorandthecreationofmore"beautifuland
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ABEMSisthekeytounlockingamore
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toBSRIA.
Unusualbuildingdesignoftheweek
ThePolishcityofSopot'sfairytaleesque
'LittleCrookedHouse'.
Formorenews,gotothehomepage.
DesigningBuildingsLtd.2016
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