A Job Estimate is a document that must be filled in by a supplier and provided to the prospective customer, searching for a contractor to implement their project. The information contained in this document allows this client to estimate a job offer that their potential supplier provides, to evaluate the cost of work to be performed, compare several proposals from different companies, and choose the most beneficial and suitable one.
Alternate Names:
This document differs from an invoice and a contract, and it reflects the preliminary and unapproved price, while an invoice includes the actual cost of the transaction. The final invoice can be corrected after all the details of the project are discussed, but the prices there should not differ significantly from the ones set in the Job Estimate.
A printable Job Estimate template can be downloaded through the link below.
A Work Estimate usually contains a list of works to be performed, their estimated cost, project implementation period, warranty obligations, discounts provided, and the cost of additional expenses. This document should be printed on the company's business letterhead and completed by the supplier.
Any Job Estimate Form should include the following information:
The form may contain a statement informing that this document is not a contract or invoice, the total estimated cost is preliminary, prices may change, or additional work and materials can be required. This form may also contain an "Acceptance of the Estimate" section. The client may specify here that the prices and conditions indicated are satisfactory and accepted. The customer should sign the form and enter the date.
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