How to Prepare a Payment Application ? | Item Rate Contract | Rate Breakups
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- Опубліковано 26 лип 2024
- This video illustrates how to prepare an Interim payment application when the contract is item rate contract and has rate breakups.
#itemrate #contract #payment
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Very informative but you need to enlarge the BQ table I can hardly see it.
Sorry for that. Will keep that in mind in coming videos.
Very informative but I can hardly see you need to zoom more on the BQ
Sorry for that. Will keep that in mind in coming videos.
Helpful video...Also have a doubt, how to do the cost estimation of an item in Pre-contract stage?
Your question is too general. It is one of the main responsibility of a QS. You need to know the direct and indirect elements to be considered for each item, their rates and quantities.
@@QuantitySurveyingStudio Then how to know the direct & indirect elements to consider and their rates. I think an experienced will be knowing but what for a fresh QS?
@@jumeenmohamed6589 have already done a video in direct and indirect elements. You may check it out.
@@QuantitySurveyingStudio what about their rates...From where we get their rates in Pre-contract stage?
@@jumeenmohamed6589 rates you need to get from supplier quotes. For Indian projects you can refer DAR.