It consists of various items of work in the form of a statement depicting quantities, description and rate per unit. It is used to define the quality and quantity of works to be carried out by main contractor for completing work. It is made in tabular format and is mainly used for inviting tender and supplied to contractors to fill up the rates. On receipt of tenders the rates are compared and decision is made regarding the work. It is prepared by quantity surveyors and building estimators to be handed over to contractor.