A glossary of terms with reference to Construction Cost Estimating
Construction Cost Estimating
JULY 1, 2014
B Basis of estimate (BOE) - a document which describes the scope basis, pricing basis, methods, qualifications, assumptions, inclusions, and exclusions. Bill of quantities (BOQ) - a document used in tendering in the construction industry in which materials, parts, and labor (and their costs) are itemized. May also be called pricing.
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