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
Excellent Black civil engineers in the UK
Recognising past and present role models for the future.
So why not write something?
Climate Emergency Retrofit Guide
LETI publishes guidance for energy efficient home retrofits.
The new normal for ventilation
Predictions about adequate post-pandemic IAQ in non-domestic buildings.
Government publishes plans to 'build back greener'.
Fire safety exclusions and insurance
The contentious nature of claims associated with cladding, fire safety and EWS1 forms.
ECA comments on low-carbon heating systems initiative and Heat and Buildings Strategy.
Victorian dust heaps of London
Cinders and other forms of domestic rubbish created filth but also generated great wealth.
Young professionals in construction survey
CIC 2050 Group requests input to find out priorities for future industry leaders.