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What are the advantages of bidding with bill of quantities?
The bill of quantities is the basis for compiling the pre-tender estimate, bidding quotation and adjusting the quantities during project settlement. Bidding with bill of quantities can simplify the calculation process of bidding quotation, shorten the bidding quotation time and provide a fair, open and just competitive environment for bidding.

1. The bill of quantities valuation conforms to the law of market economy operation and market competition, which can significantly improve the efficiency of capital use of owners, promote the construction enterprises to speed up technological progress and innovation, improve management, improve labor productivity, and determine a reasonable construction plan;

2. Taking the bill of quantities as the valuation method, the tendering unit is not responsible for engineering changes or calculation errors, but only responsible for its own quoted costs and unit prices, which is conducive to the implementation of risk management;

3. Bidding with bill of quantities is conducive to the management and control of the pre-tender estimate, and the pre-tender estimate may not even be prepared when appropriate, which fundamentally eliminates the negative impact brought by the accuracy and leakage of the pre-tender estimate.

Under the condition of market economy, contractors participate in bidding competition through the construction market and earn profits by completing the project according to the construction contract, so as to seek the survival and development of enterprises. The owner obtained the qualified project, put the project into use and operation, and realized the investment value. The long-term quota pricing model has a single goal, only paying attention to the one-time calculation of project cost in the bidding stage, and rarely considering the process control of project cost. The implementation of the bill of quantities pricing model can establish a dynamic control system to track and manage the construction process and operation quality of each grass-roots unit.

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