BUILD COST CLINIC
The terms ‘quote’ and ‘estimate’ can easily be mistaken for the same thing. However, their meanings are actually very different and proceeding on the basis of one or the other will almost certainly be met with very different outcomes.
QUOTES
A quote should provide you with a fixed final cost for your project. It should be in writing and set out all the detailed requirements in full, with pricing ideally broken down against each element. Some quotes will include a timeline. Quotes are mostly stated to be valid for a specified time, as your builder/tradesperson will be bound by the price quoted and material and labour prices are subject to change. For a quote to be binding, it must be accepted within the specified timescale, otherwise
