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Design, Drawing and Bill of Quantities (BOQ) for works
We discussed about INCO terms which are set standards for the project. Now let us learn about other parameters for contract preparations.
For the works included in a package/project, you have to prepare the design, drawings and specifications for incorporation in the bid document. From the design and drawings, the cost estimate has to be prepared by determining the quantities.
The BOQ gives the various items of work involved, brief specifications, unit of measurement and the estimated quantities. It enables the bidder to offer his unit rates (used in the Item Rate Contract) for the various items included in the BOQ, the summation of which gives the bid price.
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