What Is a Bill of Quantities?

The bill of quantities is a detailed list of the names and corresponding quantities of sub-items of construction projects, measure projects, other projects, fee projects, and tax projects. It consists of a sub-item engineering quantity list, a measure item list, other items list, and a fee and tax list. In the bidding stage, the bidding quantity list provides an equal and common basis for bidders' bidding competition. The quantity list will list all the projects and the corresponding engineering entities required by the bidders, and provide the bidders with the basic content of the proposed project, the number of entities and quality requirements. This gives all bidders the same information and the treatment they receive is objective, fair and fair.

Bill of quantities

In the bidding stage, the bidding quantity list provides an equal and common basis for bidders' bidding competition. The quantity list will list all the projects and the corresponding engineering entities required by the bidders, and provide the bidders with the basic content of the proposed project, the number of entities and quality requirements. This gives all bidders the same information and the treatment they receive is objective, fair and fair.

The bill of quantities is the basis for the valuation of construction projects. During the bidding process, the bidder compiles the bidding control price of the bidding project according to the bill of quantities;

Classification of bill of quantities, by item

1,

1. Engineering construction projects in

The project construction process is the main use stage of the bill of quantities. In this process, the contractor controls the construction cost and the contractor adds additional project funds. The management must be strengthened. For contracts using the bill of quantities, the general unit price is no longer changed, and the amount of bills increases or decreases with the actual situation of the project. Therefore, the contractor strictly controls the payment of the project progress payment during the construction process, avoids overpayment of the project progress payment, occupies the contractor's funds, and reduces investment benefits. In addition, it strictly controls design changes and on-site visas to minimize the number of design changes and visas. The contractor must strictly implement the principles and contents in the quotation of the bill of quantities in accordance with the contract regulations and the owner's requirements, and pay attention to the visa work for increasing and decreasing the quantity of the project, and keep in touch with the owner or engineer in a timely manner in order to reasonably increase the project funds.