Quant And Costing Flashcards
1
Q
What is BoQ
A
2
Q
Schedule of rates
A
3
Q
Activity schedule
A
4
Q
SMM’s
A
NRM, civil engineering SMM 3, highways SMM
5
Q
NRM1
A
Order of cost estimating and cost planning for capital building works
6
Q
NRM2
A
Detailed method of measurement for building works
7
Q
NRM3
A
Order of cost estimating and cost planning for building maintenance works
8
Q
Cost sources
A
Tendered rates, BCIS, rate books, spins
9
Q
Prime cost sum
A
Allowance for item
10
Q
Provisional sum
A
Allowance based on previous benchmarked rates whilst awaiting further information
11
Q
RPI
A
Retail price index
12
Q
RPI rate in October 2023
A
6.1%
13
Q
What is benchmarking
A
