BILL OF QUANTITY

Bill of Quantity (BOQ) is known as ____.

• A document or piece of legislation setting out the rights or entitlements of a particular group or class of people.

• An extensive list of raw materials, components, and instructions required to construct, manufacture, or repair a product or service

• A document used in tendering in the construction industry in which materials, parts, and labor (and their costs) are itemized.

Bill of Quantity is often prepared by _____.

• Client

• Sub-Contractor

• Quantity Surveyor

• Cost Consultant

Which of the following is the purpose of preparing a Bill of Quantity for a construction company?

• To provide a clear and precise method to value each project

• To delay the tendering process and analysis

• To enable the consultants to analyze prices of various individual items and overall costs

• To identify the quality standard status of a materials

The Bill of quantities is a means of a communication tool between several parties involved in any construction project which are _____.

• Client

• Manufacturer

• Consultant

• Contractor

Which of the following is TRUE about variation order?

• A variation order is a change, often in construction, that modifies all or part of an existing order

• A variation order means an alteration to the scope of Services in the form of an addition, substitution or omission as instructed by the Client

• A variation order entitles a creditor to receive a payment from a debtor in circumstances specified in a contract between them.

What is an Interim Payment?

• Interim payment is a payment instrument that contains monetary value that has been paid in advance by the client.

• Interim payment is a progress payments during contract period.

• Interim payment is payment that includes a deposit followed by a final payment.

• Interim payment is where payments could be due at every 10% of the project’s completion.

Which of the following items should be included in Bill of Quantity (BOQ)?

• Item/Particular

• Quantity

• Rate

• Price per unit

Which of the following is the importance of preparing Bill of Quantity in any construction project?

• It provides the quantities to the Contractors with respect to which the Contractors can bid.

• It is important to assist Quantity Surveyor (QS) to prepare the design of the project

• It serves as the basis for the valuation of the interim payments.

• It is also important for the preparation of the final bill amount.

Which of the following is the disadvantages of Bill of Quantity?

• Bill of Quantity may mislead the contractor in case of the Quantity Surveyor or Cost Consultant is inexperienced.

• Bill of Quantity do not help in the project management as it provides unnecessary data for project such as monthly progress reports

• Bill of Quantity is difficult to use to calculate the interim variations and payments.

• Billl of Quantity do not help in future cost planning and estimation

Which of the following is the example of items/particulars included in a Bill of Quantity?

• Brick work

• Plaster work

• Wood work

• Cement work