Did you know that a Bill of Quantities and schedule of works can prove to be the most invaluable components of your entire construction project?
Did you know that an accurate schedule is likely to save you thousands, if not tens of thousands, of pounds? Not only that, but it could also eliminate many of the hassles and headaches that come with bringing even the most basic of projects to life?
Don’t worry, you’re not alone.
Throughout the years, Bhangals Construction Consultants have met with scores of trade professionals and self-builders alike, all of whom question why they even need a bill of quantities and schedule of work in the first place.
Our answer is always the same:
Because, out of all your early planning documents, these are the ones that are going to benefit you and your project the most.
That’s what we’ll explain today. Before we do, however, here’s a brief explanation of what each actually does.
What is a Bill of Quantities?
In its most basic sense, the Bill of Quantities is exactly what it sounds like:
An accurate, itemised bill, detailing the exact measured quantities of the items of work required.
Working from the initial drawings and specifications, your construction cost consultant will prepare a document which lists the specific materials, equipment, and labour hours required, measured by any number of the following as appropriate:
This document is then used when the project goes out to tender, empowering the tenderers themselves to produce an accurate quote, whilst those holding the purse strings can compare each quote on a like-for-like basis.
What is a Schedule of Works?
The Schedule of Works is a complete document which includes the Bill of Quantities along with several key supporting documents, including those drawings, specifications and preliminaries.
Again, this can be a powerful tool for ensuring that contractors and suppliers have everything they need to submit a tender, but it also does so much more.
Once the project gets underway, your schedule of works will prove vital in ensuring that the job is completed to your exact specifications, including how each task should be completed, the type and quantity of materials needed, and even the amount of man-hours it should take to complete.
Still not sure how all of this can save you tens of thousands on your next construction project?
Let’s look at the benefits of a Bill of Quantities and Schedule of Works.
Save Money with Like-For-Like Quotes
You’ve heard of the term ‘comparing apples and oranges,’ haven’t you?
Without a proper Bill of Quantities in place, that’s exactly what it can feel like when it’s time to compare tenders.
Let’s say, for example, that your project requires a large amount of timber, but you don’t have anything in place to tell potential contractors which kind you need, nor how much.
As such, you get two vague quotes for timber, one running into the hundreds of pounds and one for much less. The higher quote is actually for a larger volume of low-grade timber, whilst the less-expensive quote is for a smaller amount of higher-quality timber.
How do you compare those fairly and accurately?
You don’t. The end result is that you simply have to pick one or the other, only to find down the line that you either didn’t have enough, or that the quality wasn’t sufficient. Ultimately, that means going back to the supplier and spending even more money on getting the right amount and the right quality.
Do that several times over with each different material, and you don’t need us to tell you how much that’s going to cost you. In our experience, it’s typically thousands upon thousands.
Instead, a Bill of Quantities allows each tenderer to submit a proposal based on exactly the same quantities. This not only eliminates much of the complications of trying to compare quotes for different volumes (apples and oranges) but also means you save those thousands upon thousands by ensuring you get the right quantities right from the outset.
Stay on Schedule
Your Schedule of Works isn’t just useful in the planning stages of your project.
Once a job gets underway, this document is equally as invaluable in ensuring that the work is how you need it to be done, when you need it to be done by.
This is vital for ensuring your project is completed on time, avoiding the added labour costs you’ll incur if it takes longer than originally planned to complete.
Cut out the Complications
Of course, when a project takes longer than planned to complete, it isn’t just the financial concerns you have to deal with.
Can you imagine all the added stress you’d be under if you were hit with unexpected delays or problems that could have easily been avoided with a little accurate planning?
Is that stress really worth the comparatively small amount you’d save by forgoing a Schedule of Works?
We didn’t think so. That’s why Bhangals Construction Consultants are available now to help you save money, time, and hassle on your next project with a complete Bill of Quantities and Schedule of Works.
To find out how much money you could save, contact our team online, or call now on 03304 048 69.