Important things to note while preparing quotation for a Job or Contract.

[Kayzzy3]

In my line of work, I have had to prepare hundreds of quotations for jobs, contract, requisition and request. When I started, I had to look at the templates there, but as I continued I decided to do a bit of research and personal modifications.

You need to note that your quote for the job will either give you the job or otherwise.

First, make sure you itemize this needed for the job and properly describe them to the understanding of whoever will approve it.

Second, the quantity of each item must be stated, this is important because it shows you understood the job or work.

Third unit price should be added to items requiring it then the total price.

Finally and most importantly, let you total price for the job be written in figures and words and in bold characters, this is most important because that is the area of interest for anyone approving it.

Much to say, but with those above your quote will be very presentable.

 

[Ralphjoe]

This is a very detailed and article on how to write a proper quotation for a job or a project. I have learnt a lot from this and I would love to add some very little details to that which is to make sure that your quotations are up-to-date in terms of pricing. if your quotations are not up-to-date you will end up amassing more expenses than what has been approved by the person that gave you the job.

 

[Kamon c4]

This is a good information. As a contractor, quotation is very important. The contract owners try as much as possible to compare bids and counter bids with the quotations of each bidders. However it’s good to give room for negotiation in your valuation and you must also make you make profit.

 

[Dowenship]

You said

In my line of work, I have had to prepare hundreds of quotations for jobs, contract, requisition and request. When I started, I had to look at the templates there, but as I continued I decided to do a bit of research and personal modifications.

You need to note that your quote for the job will either give you the job or otherwise.

First, make sure you itemize this needed for the job and properly describe them to the understanding of whoever will approve it.

Second, the quantity of each item must be stated, this is important because it shows you understood the job or work.

Third unit price should be added to items requiring it then the total price.

Finally and most importantly, let you total price for the job be written in figures and words and in bold characters, this is most important because that is the area of interest for anyone approving it.

Much to say, but with those above your quote will be very presentable.

You said the total price to be written in figured and words!. If I may ask why? At least I'v been able to pas across my msg through the figure, why in words again.
Quotes of the day!

The post of consistency and persistent can win the race! But direct it in the right channel.

 

[Abdul Naveed]

Tips for entering the contractor's price
Follow the standard format of the contractor you are referring to. ...
Don't forget to label your quotation.
Provide your company information.
Tell your potential customers personally using their name

 

[Urooj]

The most important thing is main idea of any business should be clear and understandable for everyone if you making the quotation , proper label the quotation and looks pleasant to everyone also provide all the necessary information about your business or company In short present everything properly and carefully

 

[Kayzzy3]

This is a very detailed and article on how to write a proper quotation for a job or a project. I have learnt a lot from this and I would love to add some very little details to that which is to make sure that your quotations are up-to-date in terms of pricing. if your quotations are not up-to-date you will end up amassing more expenses than what has been approved by the person that gave you the job.

Yes very essential, your pricing should be such that you don't put the burden of extra expenses on yourself.

Don't try to impress by using too low price, the target may think you want to supply lol quality materials. Also update regularly if the quotation is taking too long to be approved.

 

[Kelly5]

A very nice well thought out piece you laid out there bro. Thumbs up for the heads up. I'm going to use your experience a great deal coupled with how I have been going about rendering my own quotations. No knowledge is actually lost after all

 

[Caali]

That entirely depends on the terms of the contract you signed/verbally agreed to before you were hired. If the contract agreement was that you would work until a specific date or goal is met, then you can start working for another employer as soon as that requirement is met.

 

[Richard92]

one thing to note when preparing a quotation for a business or a contract is the price of products, you have to consider the price of product, this will enable you to prepare the quotation well and also you will have to put your workmanship last after you've written the price of materials.

 

[Oliver 20]

Think about your business' prerequisites
Survey your promoting plans and deals intends to decide if the client you are giving your statement to matches your objective market fragments. Take a gander at your business targets and figure the amount you need to make to make back the initial investment and make a benefit.

 

[kayode10]

Also someone is to takenote of the property you are intending to meet and find a way to incorporate it in the quotation. There is no point in working and receive no gain for the job done. Another thing I think should be included in the quotation is cost of extra material in case the budget one is not enough. There are may be a bit friction is go ahead to ask for extra cost when you have submitted the quotation.

 

[Ayokex]

While preparing quotation for a job contract it is very important to know some vital things. Firstly, know that you are not the only one submitting quotation so you have try to beat the others. Do not over bill or under bill. Ensure you know the actual price of every commodity required.

 

[shakky2]

while booking quotation for booking of a job or contract,your mind and your eyes need to be functioning together and property and make sure you have confirmed the prices of all equipments and facilities to be used before writing the amount as you will be the one at less if you write less

 

[Shayo]

Payment method, terms and conditions should be added as well when preparing a quotation for a contract. You don't want a misunderstanding in that area, indicate your preferred method and when you require a payment, it could be at once, periodical, half upfront and balance on completion.

 

[mizzzlotam]

Know the job you are preparing the quotation for. Most importantly do a proper market valuation of the price of the goods for the job. Also try to negotiate on the best price possible so you don’t run at a lose at the end of the business.

 

[Henrywrites]

This is a good information. As a contractor, quotation is very important. The contract owners try as much as possible to compare bids and counter bids with the quotations of each bidders. However it’s good to give room for negotiation in your valuation and you must also make you make profit.

While I enjoy getting contracts for jobs, I have noticed that in most cases, it is the site manager that will determine whether you get the job or not. No matter how beautiful and unique that your business quotations are, you need to convince the man that is on site that you will be able to deliver on this job too.

 

[Kehinde]

Follow the standard format of the type of contractor's quotation you are creating. ...
Don't forget to label your quotation.
Provide the information of your company.
Address your potential customer personally using their name.
Business details. Providing your ABN and contact information is a legal requirement.
Total cost. ...
Breakdown of costs. ...
Variations. ...
Revisions. ...
Schedule for work. ...
Payment terms and conditions.

 

[Adeyoola7]

The first step to quoting well is carefully reviewing your job proposal. Paying close attention to your customer's requests will allow you to make important decisions about whether to, and how to, quote for the work.

 

[adeniji]

Important things to note while preparing quotation for a Job or Contract.​

(1). Find out the cost of the materias that needed to be used.
(2). Think about the negative issues that may occure.
(3). Robb mind togethere with advance people to check your presentation for correction.