bill of quantities
A bill of quantities is a list prepared by a quantity surveyor, of the quantities of materials needed for a specific project.
what are the legal sihnificance of bill of quantity
It stands for Bill Of Quantities
A bill of quantities is typically prepared by a quantity surveyor for the client or main contractor. It itemizes the quantities and costs of materials, labor, and services needed to complete a construction project based on the project's drawings and specifications.
In the business world, BoQ means "bill of quantities." A bill of quantities is a document used in tendering in the construction industry in which materials, parts, labor, and labor costs are itemized.
To complete preliminaries in a bill of quantities you have to figure out the amount of the certain product that you used was. So you will pay so much based on how much of the material or product you needed.
A Bill of Quantities is measured using standard units of measurement such as area (sqm), length (m), volume (m³), or number (no.). Quantities are typically measured according to industry standards and specifications to ensure consistency and accuracy in estimating the costs of construction projects.
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The prefix for attendance is "at-" or "at-" as in the word "attendance."
The two main types of bill quantities are lump sum and itemized. Lump sum bills provide a single total cost for a project, while itemized bills break down costs by individual items or services.
The first is the quantities that the bank has. The second is the amount that they will get in the future from fees and interest.