- Permit greater standardization of BQ format - assit in pricing .
- Ensure a standard basis for contractor's to tender and a uniform basis for valuation and payment to the contractor .
- All tender submitted are strictly comparable and thus easy to justify best offer .
- Contractors are saved costly exercise .
- fair and convenient basis for valuing certified stage payment , variations and adjustments of final account .
- Data for cost analyses .
- Reduce variations and claims
- Ease management of contract finance .
Wednesday, January 12, 2011
THe purposes of SMM included
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