how to estimate costing from quantity givin in BOQ and according to this how we fill tender and final rate for perticular work.....?
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Answer Posted / Sheetal Jadhav
Estimating costing from quantities given in the Bill of Quantities (BOQ) involves the following steps:
1. Determine the unit rates for each item based on material and labor costs, taxes, and profit margins.
2. Multiply the quantity of each item by its respective unit rate to obtain the total cost.
3. Sum up the total costs of all items to get the estimated project cost.nFor tendering, you can use this estimated cost as a base to create a tender document, which includes detailed specifications, drawings, and other requirements for potential bidders.nThe final rate for particular work will be determined by selecting the lowest bid that meets the project requirements, while considering factors such as experience, reputation, and capacity of the contractor.
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