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BID NUMBER 06 X 38413  Form

BID NUMBER 06 X 38413 Form

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majority of the times clients confuses bids with estimates and here's what should be done in that case confusion between bids and estimates arise due to them both being involved with pricings but they're both different in serving purposes and used at different stages of the project here's a breakdown between the difference of estimates and bids an estimate is essentially an educated guess made based on the available information of pricing data construction drawings and other relevant details it's used to give the client a general idea of what the project cost might be estimates are not binding and are subject to change as more information becomes available and If changes may arise in the project a bit on the other hand is a formal offer to perform the project at a specific cost it includes detailed breakdown of costs and once a bid is accepted it can lead to a legally binding contract where both parties agrees to their agreement terms these differences a

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