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Cost · 1 March 2026 · 6 min read

A per-square-foot rate is a guess with a decimal point in it. A bill of quantities is a measurement. The difference is where most construction cost overruns are born.

The number everybody quotes, and what is wrong with it

Ask what a house will cost and you will usually be given a rate per square foot multiplied by an area. It is a convenient number and it is very nearly meaningless, because it conceals every decision that actually drives cost: how many floors, what the soil is, how much steel the structure needs, how many bathrooms, what the finishes are, and how much of the work is bespoke.

Two houses of the same area can differ by a wide margin on all of those. A single rate cannot tell them apart, which is why a project quoted that way so often ends up costing something else entirely.

What a bill of quantities actually is

A bill of quantities is a measured list, taken off the drawings, of everything the project requires — excavation in cubic metres, concrete by grade and volume, reinforcement by weight, brickwork by area and thickness, plastering, flooring, doors and windows by type and size, sanitary fittings by item, electrical points by count — each with a quantity and a rate.

Prepared properly, it does four things a rate cannot. It makes the price traceable to something you can check. It lets you compare contractors on the same basis. It turns a change during construction into an arithmetic question rather than an argument. And it tells you, before you start, which decisions are worth revisiting.

Where it changes the conversation

When a client asks whether the budget can come down, a rate gives you nothing to work with. A bill of quantities shows you exactly where the money is, and the answer is usually not where people expect. Very often a disproportionate share sits in a handful of items — a particular stone, a structural decision taken for appearance, an excess of bathrooms — and adjusting two or three lines achieves what trimming everything by a little never does.

It also prices variations honestly. If you move a wall during construction, the cost is the quantities that change, not a figure someone arrives at after the fact.

What to ask for

Ask for the bill of quantities to be prepared from the working drawings, not from the concept. Ask for it before you sign a construction contract, not after. Ask which items are provisional — the ones that genuinely cannot be measured until work opens up — so you know where the real uncertainty is. And ask how variations will be priced, in writing, before anyone starts.

A contractor who will not quote against measured quantities is telling you something useful about how the project will be run.

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