What is a budgetary quotation?
What is a budgetary quotation? A “budget quotation” is a rough estimate of the costs of construction which is prepared without a lot of detailed information on the quality or type of materials. What you need at the moment is a budgetary quotation, and obtaining a quotation from just one reputable contractor will usually suffice. Is there a difference between an estimate and a quote? An estimate is a best guess of how much a job might cost. A quote is more exact. Once you've accepted a quote, the contractor has to do the work for that price. What...