A Contractor Quote is an estimated cost for the completion of requested projects or services. Often when we think of contractors we think of construction workers, carpenters, or some other trade worker. However, a contractor is any person or entity that supplies services, goods, materials, equipment, and the like. Contractor Quotes are not to be confused with Quotes in Business, which are primarily focused on business-to-business transactions.
A Contractor Quote template can be downloaded below.
It is important to note that Contractor Quotes are non-binding. In other words, you are not required to pay the amount that was estimated for requested services, nor does the contractor have to provide services. A Contractor Quotation becomes binding when both parties review, approve, and finalize the quote and decide to move forward with the project. At this point, the quote becomes a contract and is binding.
A general contractor quote can include:
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