Approximate bill of quantities vs approximate quantities cost plan
An approximate bill of quantities should not be confused with an approximate quantities cost plan. This article explains the differences between them.
An approximate bill of quantities can be used on projects where it is not possible to prepare a firm bill of quantities at the time of tendering. Generally, the design will be relatively complete, but there is either insufficient time or information to determine the exact quantities required and so a conventional bill of quantities cannot be prepared.
For more information, see Approximate bill of quantities.
An approximate quantities cost plan is part of the iterative cost planning process and is a development of the elemental cost plan. Unlike the elemental cost plan (in which the cost of elements is broken down from the overall construction cost, based on the experience of the cost consultant and known costs of similar completed projects), the approximate quantities cost plan is a first attempt to measure defined quantities from drawings. In effect, it is a costed approximate bill of quantities.
For more information, see Approximate quantities cost plan.
[edit] Related articles on Designing Buildings Wiki
Featured articles and news
Can net zero and levelling-up align?
Gaining green support from the carbon giants.
Medieval passageways with spiritual, transport and economic purposes.
CIOB applauded for people management leadership
Organisation receives accreditation from Investors in People.
Receive the Designing Buildings newsletter
Click the button to subscribe.
The importance of successful crisis messaging
Communicating the right information at the right time.
Angular selective shading systems
Materials can take on different properties to control heat and glare.
Challenges in the construction sector and beyond.
Exploring brick and timber construction techniques.
On wheels or on platforms, micro dwellings are popping up everywhere.
Electrical safety in the private rented sector
Landlords must now comply with new repair regulations.
Check out our A-Z of equality, diversity and inclusion.
We now have more than 12,000 articles
You can add articles and help improve knowledge in the construction industry.
Ayo Sokale explains the struggles of being neurodiverse.
Communities, heritage and architecture. Book review.
The voluntary sector continues to shape the debate.