Whats the Difference Between An Estimate, Quote and Bid? And Which Should You Get? BYHYU 208
When deciding on which contractors to use for your project, you\u2019ll need to compare prices, which means asking each potential contractor how much they will charge. There are several ways a contractor or supplier can outline cost:\xa0 an estimate, a quote, and a bid.\xa0
Although the terms are used interchangeably, there are important distinctions that we should understand. That\u2019s what we\u2019ll talk about in this mini-lesson\u2014 the difference between an estimate, a quote, and a bid.\xa0
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