Question

A document containing detailed description of all items of work together with their current rates is called

Answer 1

Preparation of detailed plan of the project. (iv) Preparation of estimates of the project. (v) Preparation of tender documents of the project.

Answer 2

Answer:

Schedule of rates is a document containing a detailed description of all items of work together with their current rates.

Explanation:

Schedule of rates is a document which is used by people to make an estimate of their requirements whether in construction or for purchasing certain items.

It gives a detailed analysis of products with their rates which help a person to now the estimated costs for fixing their budgets and providing for the finances for the work. People work out their expenses and estimates based on these scheduled rates system.