Glossary

What is BoQ (Bill of Quantities)?

A Bill of Quantities (BoQ) is an itemized list of materials, parts, or services with quantities and prices, used to build accurate quotations for a deal.

See it in Lavisho TT

A Bill of Quantities, commonly abbreviated BoQ, is a detailed breakdown of everything required for a project or order — materials, components, labor, or services — listed with quantities and unit prices. BoQs are especially common in construction, manufacturing, and distribution, where quotations need to reflect precise material and cost breakdowns rather than a single lump-sum price.

Building an accurate BoQ requires knowing current material costs, matching specifications correctly to what a customer has requested, and often comparing against competitor pricing to stay competitive without eroding margin. Manually assembling a BoQ from spreadsheets is slow and error-prone, especially when pricing changes frequently.

Because BoQs directly determine the price a customer is quoted, they are usually tied into approval workflows: larger discounts or unusual specifications may require sign-off from a sales manager or executive before a quotation is finalized and sent.

Lavisho TT includes a BoQ builder per lead as part of its pricing intelligence module, supporting competitor price file uploads with AI extraction, specification matching, and median-based suggested pricing drawn from historical win/loss data, feeding directly into discount approval chains and automated PDF quotations.

FAQ

BoQ (Bill of Quantities) — common questions

What industries commonly use a BoQ?

Construction, manufacturing, and distribution businesses commonly use BoQs to quote complex, multi-item orders accurately.

How does a BoQ improve pricing accuracy?

By itemizing every material or service with quantities and prices, rather than relying on a rough lump-sum estimate.

Why are BoQs often tied to approval workflows?

Because they determine the final quoted price, larger discounts or unusual terms often require manager or executive sign-off before sending.

Does Lavisho TT help build BoQs automatically?

Yes, Lavisho TT’s BoQ builder includes AI-assisted competitor price extraction and median-based suggested pricing from historical data.

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