A price quote is typically used for goods/items rather than services, where you may provide a “rate quote” instead. In the table below describe the goods you are quoting and specify quantity, unit price and extended price (which is unit price multiplied by quantity).
Prepared by:
[Sender.FirstName] [Sender.LastName]
[EMAIL] [PHONE]
Quotation for: [Client.Company]
| Description | Price | Qty | Subtotal |
|---|---|---|---|
| $0.00 | 0 | $0.00 | |
| $0.00 | 1 | $0.00 | |
| $0.00 | 1 | $0.00 |
| Tax Rate | $0.00 |
| Sales Tax | $0.00 |
This quote is subject to the following terms and conditions:
There are a couple of delivery terms you will want to address below. The first is when the goods will arrive. The second are the F.O.B. terms or incoterms which signify where risk of loss transfers from Buyer to Seller.
This quotation has been approved by [Sender.Company] as evidenced by the signature of its authorized representative below.
[Sender.FirstName] [Sender.LastName]
[Sender.Title]
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A formal price quote is a document that states how much will a company or an individual contractor charges for certain goods or services. It is detailed and intended to win the client over, as well as set up their expectations.
The words “quote” and “estimate” are often used as synonyms; however, when speaking about documents, they are different things. “Estimate” is ballpark, it is intended to provide approximation of the costs and timelines. “Quote” is commitment by a company or an individual contractor to do a certain job for a certain price.
To write a price quote, spell out the goods and/or services that the client needs and detail the prices, including overhead (e.g. taxes). It is also a good idea to include some positive info about yourself to increase the chances of the client signing with you. To see how it should look, check out the Templates section on our website.
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