What does BQ mean in construction?
Bill of Quantities
The prime purpose of the Bill of Quantities (BQ) is to enable all contractors tendering for a contract to price on exactly the same information. Subsequent to this, it is widely used for post-tender work such as: material scheduling; construction planning; cost analysis; and cost planning.
What does C and A stand for?
Definition. C&A. Children and Adolescents (birth to 17 years of age)
What dies H&M stand for?
Hennes & Mauritz
Acronym. Definition. H&M. Hennes & Mauritz (clothing store)
How do you fill a B&Q?
i. Items in the BQ List include;
- Item name with its description.
- Unit of Measurement (UOM)
- Quantity.
- Unit Price (which you should submit based on the currency chosen by the buyer)
- Total Amount (automatically calculated from Quantity and Unit Price)
- Tax (on individual items that can be specialized)
What is BQ in engineering?
Introduction. The bill of quantities (sometimes referred to as ‘BoQ’ or ‘BQ’) is a document prepared by the cost consultant (often a quantity surveyor) that provides project specific measured quantities of the items of work identified by the drawings and specifications in the tender documentation.
What does IC mean in accounting?
information coefficient
The information coefficient (IC) is a measure used to evaluate the skill of an investment analyst or an active portfolio manager. The information coefficient shows how closely the analyst’s financial forecasts match actual financial results.
How do you write a bill of quantities?
Drafting Your Bill of Quantities. Set up a spreadsheet for your bill of quantities. Include columns for the item numbers, description, unit of measurement, quantity, rate for the item, labor, and total cost for the item. Your item numbers will be consecutive, starting from 1.