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How to Move Page Contractor Quote

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Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

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Is a estimate legally binding?

An estimate is a non-legally binding document. It is an approximation of costs for a project, drawn up by a business to send to a client. It is not a promise. The small business providing the estimate can withdraw their offer or the client can reject it.

Can a company charge more than an estimate?

An estimate is just an estimate, and it can be reasonable for the final cost to be anywhere from 5% to 20% above the estimate. Thats why its always important to stick to your budget and account for a bit of cushion before you begin any project.

What do you say when an estimate is too high?

What to Say When Your Customer Says Your Price is Too High Gosh, I didnt think it cost this much. OK, is there any sort of discount if I pay cash? Well, guess Ill need to wait till next year. Im still waiting on some other estimates. Thats quite a bit higher than I thought it would be.

How do you break up with a contractor?

Communication is the key to doing good business. If you are not satisfied with a contractors job performance and are ready to terminate the agreement, contact the contractor, and explain why you are going to end the business relationship. They should be paid for the portion of the job that was completed.

Should I give a quote or estimate?

In summary, you should only use an estimate as an initial guide and make this clear to the consumer; and you should only use a quotation where you are certain you wish to be legally bound, upon its acceptance and once all parties are fully appraised as to what the job entails.

What if a contractor asks for more money?

Ask the contractor to explain why the price rose so dramatically from the initial estimate. He will likely say something about unexpectedly high expensive labor and materials. Request an itemized invoice, explaining that you do not feel comfortable remitting any payment until you can further examine this issue.

What is a quote vs bid vs estimate?

Estimates are an approximation and give clients an idea of what to expect. Quotes are more concrete and specify a fixed price for a specific time. Bids offer more detail than estimates and quotes, and are common in the construction industry.

How do you thank a contractor for a quote?

Thank Them for Their Time Always begin your email with a thank you to ensure you start on a positive, polite, and professional note. Thank the contractor for their time and effort in giving you a quote. Even if you dont select that contractor, this will show appreciation for the work they already put in.

Is there a legal difference between an estimate and a quote?

Unlike a quotation, an estimate isnt legally binding and can be adjusted upward or downward due to changes in scope. Project managers often begin a job by providing the client with an estimate, and then change this to a final invoice after more specific details are uncovered.

Can you charge more than your estimate?

Getting a quote. A quote is an offer to do a job for an exact price. Once you accept a quote, the contractor cant charge you more than the agreed price unless you agree to extra work, or the scope of the job changes while it is underway. Legally, this is known as a variation to your contract.

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Move Page Contractor Quote