17 Questions
What does the term 'Budgetary Allowance' refer to in the context of the Bills of Quantities?
An amount included in the BOQ by the Quantity Surveyor for specific work to be done, but the details are not known at the time of compiling the BOQ
How is the Budgetary Allowance in the BOQ treated once the details of the work become available?
The Budgetary Allowance is replaced with the actual cost of the work
What is the purpose of a 'Provisional Sum' in the Bills of Quantities?
To provide a lump sum amount for the complete execution of specialist sub-contractor work
What is the role of the main contractor in relation to Provisional Sums in the Bills of Quantities?
The main contractor can price (optional) for profit and attendance on the sub-contractors
What is the relationship between the Tender Sum and the Contract Sum in the context of the Bills of Quantities?
The Tender Sum and the Contract Sum are independent, as the Contract Sum is determined based on the actual work executed during the project
What is the purpose of including Contingency amount in the BOQ?
To finance unforeseen problems or extra work during the project
What does Prime Cost amount represent in the BOQ?
Material only delivered to site
Who has the authority to direct the use of Contingency in a project?
The client
What should the contractor add to the Prime Cost amount to determine the unit rate?
Labour and profit
What are Provisional Sums in the context of BOQ?
Allowances made for items not measured initially
How is Contingency amount typically represented in the Final Summary of the BOQ?
As a lump sum value
What does the Tender Sum represent in the context of a construction contract?
The amount used in tenders before signing the contract
What are Provisional Sums in a Bill of Quantities (BOQ)?
Sums set aside for specific items of work with undefined scope
What is the purpose of adding a Contingencies Sub-total in a BOQ?
To provide a buffer for unforeseen costs or scope changes
What is the significance of the Unit Rate in a BOQ?
It includes material, labor, and profit for each item in the BOQ
When does a Tender Sum become a Contract Sum in a construction project?
Once signed between the parties
What software is commonly used in compiling Bills of Quantities (BOQs) according to the text?
WinQS
This quiz covers the basics of a Bill of Quantities (BOQ), including provisional sums, sub-total contingencies, VAT, tender sum, and the transition to contract sum. It also includes information on working up and billing, layout of a BOQ, measureable items, and supplementary preambles.
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