What are extra overs?
‘Extra over’ (EO) is a term that is often used when taking off for a bill of quantities (BoQ). Taking off is the process of identifying elements of construction works that can be measured and priced.
What does extra mean in construction?
Extra work in construction law refers to “that work which is not required under the contract. Extra work is something that is done in addition to the requirements of the contract.
What do you mean by an extra item?
noun. a larger amount of something than is usual or necessary.
What is the Pomi?
However, the Principles of Measurement (International) (POMI) were still being used in about half of the countries and are still widely used on international contracts.
What are spot items?
A commodity that is traded with the expectation of actual delivery, as opposed to a commodity future that is usually not delivered.
What is a BoQ in construction?
Generally, the Bill of Quantities (BoQ) is drawn-up by the quantity surveyor (employer’s consultant) with construction information provided by the design team. The primary purpose of a BoQ is to ensure all tenderers are provided with a standardised document to price and submit a fair and accurate tender.
What does additional work mean?
Additional work means work that results from a change or alteration in the assigned work. It also means added work necessary to meet the performance goals under a contract.
What is extra cost construction?
In Karnataka, the stamp duty is 5 per cent of the total or registered property value. In addition to the stamp duty, one has to also pay 10 per cent cess and 2 per cent surcharge on the stamp duty in urban areas. While in areas under village panchayat, the surcharge is 3 per cent on the stamp duty value.
What is SMM7 used for?
SMM7 is typically used in the preparation of bills of quantities, documents that provide measured quantities of the items of work identified by the drawings and specifications in tender documentation. Bills of quantities are issued to tenderers for them to prepare a price for carrying out works.
What is a bill of quantities RICS?
A bill of quantities (sometimes referred to as a ‘BoQ’ or ‘BQ’) is a document, typically prepared by a cost consultant (often a quantity surveyor) that provides measured quantities of the items of work identified by the drawings and specifications in the tender documentation for a project.
What is a spot item in construction?
The term ‘spot items’ refers to items of existing buildings that require alteration and repair. In order for quantity surveyors to be able to price spot items, they need to be inspected on site to gain an understanding of the extent of work that will be involved.
What does spot mean in construction?
Spot repairs means repairs to motor vehicles in which the damaged area to be repaired is limited to only a portion of any given panel so that an entire panel need not be repaired.