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Quotations, estimates and tenders

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A reply to an which gives the customer details of prices is called a . If this document contains also details of other charges such as for transport and then it is quoting the gross price.If extra charges are excluded, the price is the price. A quotation is not always legally . The prices may be to change and the goods may be offered subject to sale. Only if the offer is can the customer be sure that the goods will be held for a certain period of time in anticipation of his order.
Whereas a quotation is for goods, an estimate is for a complete job of work, for example installing a machine. Tenders or are estimates for larger projects such as road construction. An to tender is usually placed in a newspaper or specialist journal.