Bill of Quantities Overview

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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 as a lump sum for the main contractor's profit and attendance on sub-contractors

An amount included in the BOQ by the Quantity Surveyor for the complete execution of specialist sub-contractor work

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 (correct)

An amount included in the BOQ by the Quantity Surveyor as a contingency for unforeseen work

How is the Budgetary Allowance in the BOQ treated once the details of the work become available?

The Budgetary Allowance is used to cover the main contractor's overhead and profit

The Budgetary Allowance is added to the Contract Sum

The Budgetary Allowance is replaced with the actual cost of the work (correct)

The Budgetary Allowance is used to pay the sub-contractor directly

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 (correct)

To provide an allowance for the main contractor's profit and attendance on sub-contractors

To provide a budget for the Quantity Surveyor's professional fees

To provide a contingency for unforeseen 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 Signup and view all the answers

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 Signup and view all the answers

What is the purpose of including Contingency amount in the BOQ?

To finance unforeseen problems or extra work during the project Signup and view all the answers

What does Prime Cost amount represent in the BOQ?

Material only delivered to site Signup and view all the answers

Who has the authority to direct the use of Contingency in a project?

The client Signup and view all the answers

What should the contractor add to the Prime Cost amount to determine the unit rate?

Labour and profit Signup and view all the answers

What are Provisional Sums in the context of BOQ?

Allowances made for items not measured initially Signup and view all the answers

How is Contingency amount typically represented in the Final Summary of the BOQ?

As a lump sum value Signup and view all the answers

What does the Tender Sum represent in the context of a construction contract?

The amount used in tenders before signing the contract Signup and view all the answers

What are Provisional Sums in a Bill of Quantities (BOQ)?

Sums set aside for specific items of work with undefined scope Signup and view all the answers

What is the purpose of adding a Contingencies Sub-total in a BOQ?

To provide a buffer for unforeseen costs or scope changes Signup and view all the answers

What is the significance of the Unit Rate in a BOQ?

It includes material, labor, and profit for each item in the BOQ Signup and view all the answers

When does a Tender Sum become a Contract Sum in a construction project?

Once signed between the parties Signup and view all the answers

What software is commonly used in compiling Bills of Quantities (BOQs) according to the text?

WinQS Signup and view all the answers

Bill of Quantities Overview

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