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Lastedited10Jan2014
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Pricedbillofquantities
Abillofquantitiesisadocumentpreparedbytheclient'scostconsultantthatprovidesmeasured
quantitiesoftheitemsofworknecessarytoconstructadevelopment.Theseitemsofworkare

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describedbythedrawingsandspecificationsinthetenderdocumentation.Thequantitiesmaybe

Billofquantities.

measuredinnumber,length,area,volume,weightortime.

Commonarrangementofworksections.
ComparisonofSMM7withNRM2.

Anunpricedbillofquantities(sometimesreferredtoasthetenderpricingdocument)isissuedto
tenderers,whowillthenestimatetheirpriceforeachitem.Thispricedbillofquantities
constitutesthetenderer'scompleteoffer.Itistheunpricedbillofquantities,butwiththe
tenderersrates,costsandtotalsadded.

NewRulesofMeasurement.
StandardMethodofMeasurement.
Tenderdocumentation.
Uniclass.

Thepreparation,bytheclientsconsultants,ofanunpricedbillofquantitiesassiststenderersin
thecalculationofconstructioncostsfortheirtender,and,asitmeansalltenderingcontractors
willbepricingthesamequantities(ratherthantakingoffquantitiesfromthedrawingsand
specificationsthemselves),itprovidesafairandaccuratesystemfortendering.Italsomakesit

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possibletocompareboththeoverallpriceandindividualitemsdirectlywithothertenderers
offers,allowingadetailedassessmentofwhichaspectsofatendermayoffergoodorpoor
value.Thisinformationcanassistwithtendernegotiations.

BIMmandate

Thepricedbillofquantitieswillalso:
Assistwiththeagreementofthecontractsumwiththesuccessfultenderer.
Provideascheduleofratesassistingwiththevaluationofvariations.
Provideabasisforthevaluationofinterimpayments.
Provideabasisforthepreparationofthefinalaccount.
Itisveryimportantthatbillsofquantitiesarepreparedaccordingtoastandard,widely
recognisedmethodology.Thishelpsavoidanyambiguitiesormisunderstandingsandsohelps
avoiddisputesarisingthroughdifferentinterpretationsofwhathasbeenpriced.IntheUK,billsof
quantitiesforgeneralconstructionworkswillmostcommonlybepreparedinaccordancewiththe

BIMisnowmandatoryforallcentrally

StandardMethodofMeasurement7thEdition(SMM7)ortheNewRulesofMeasurement,which

procuredpublicprojects.Checkoutour

becameoperativeon1January2013(refRICS(http://www.isurv.com/nrm))andreplacedSMM7

resourcestohelpyouadapt.

on1stJuly2013(refRICS(http://www.rics.org/uk/SMM7StandardMethodofMeasurementfor
BuildingWorks.aspx)).
Virtualrealityinconstruction
Billsofquantitiesaremostusefultothecontractorwhentheyarepreparedinworksectionsthat
reflectlikelysubcontractpackages.Thismakesiteasierforthecontractortoobtainpricesfrom
subcontractorsandismorelikelytoresultinanaccurateandcompetitiveprice.

Findoutmore

http://www.designingbuildings.co.uk/wiki/Priced_bill_of_quantities

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RelatedarticlesonDesigningBuildingsWiki
Billofquantities.
Commonarrangementofworksections.
ComparisonofSMM7withNRM2.
NewRulesofMeasurement.
StandardMethodofMeasurement.
Tenderdocumentation.
Uniclass.

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Thecompanythatishelpingintroducevirtual
realitytechnologytoconstruction.

Buildingservicesspecification

NeweditionofBSRIAguideBG56published
ModelFormatforBuildingServices
Specifications.

ZahaHadid

AprofileofthelateZahaHadid.

SSEArena

TheSSEArenacelebrates10yearssinceit
wasrefurbished.Hereisthestorybehindone
ofLondon'smosticonicentertainmentvenues.

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BuildingoftheweekChryslerBuilding

TheclassicArtDecoskyscraperthat
frequentlytopspollsasthemostpopularin
theworld.

NewYorkHorizon

ThewinnersoffirstplaceintheeVolo
SkyscraperCompetitionproposetheradical
futuristictransformationofCentralPark.

U+IThinkeventwithJohnMcDonnellMP

Labour'sShadowChancellormakespleafor
furtherengagementwiththelanddevelopment
sectorandthecreationofmore"beautifuland
exciting"urbanspaces.

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ABEMSisthekeytounlockingamore
sustainableandresilientdatacentreaccording
toBSRIA.

Unusualbuildingdesignoftheweek

ThePolishcityofSopot'sfairytaleesque
'LittleCrookedHouse'.

Formorenews,gotothehomepage.

DesigningBuildingsLtd.2016

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