Definition of "Quantity survey"

Sofia Villalon real estate agent
Sofia Villalon, Real Estate Agent Vitoria Realty

  1. Complete estimated itemization of all costs in constructing a structure including site acquisition and preparation, material, and labor costs. A quantity survey is necessary for a contractor to prepare a project's bid price.
  2. An appraisal estimate of the replacement cost of a structure including the current cost of materials and required labor.

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