Quotations and Estimates Clause Samples

The "Quotations and Estimates" clause defines how price quotes or cost estimates are provided and used within a contract. Typically, it outlines whether quotations are binding or merely indicative, and may specify the process for revising estimates if project requirements change. This clause ensures both parties understand the financial expectations and reduces the risk of disputes over pricing by clarifying how costs are determined and adjusted.
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Quotations and Estimates a. Any estimate of price we may give is simply an opinion as to what we expect the price is likely to be. Vehicles are complicated machines and many operational components are hidden from view or access. We use reasonable efforts to provide a reasonably accurate estimate, but in many cases we cannot properly assess exactly what is required (both in terms of parts and labour) until we are doing the work, and so we cannot (and do not) give any assurance that the final price will correspond to the estimate given. b. In some cases we will be able to give a quotation (which might include some options or parameters), which will be marked as such, in which case our quotation will be binding on us unless other issues/work outside the scope of works quoted are identified. Unless our price indication is clearly identified as a quotation, it is just an estimate. c. If during our work programme we identify reasonably significant additional issues/work that are outside the scope of works covered by the original estimate or quotation then we will endeavour to identify any additional costs in a further and/or revised estimate or quotation and may discuss with you as to how we proceed without incurring significant additional costs.
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Quotations and Estimates. 4.1 The Company shall use its best endeavours to perform the Services at the quoted or estimated price using its current resources. Unless expressly indicated otherwise, the quoted or estimated price: a. assumes the Services will be undertaken during the Company’s normal business hours (7.30am to 5pm) Monday to Friday excluding public holidays; and b. does not include any allowance for any site survey work, any traffic management, any concrete coring or pre-drilling, or any earthworks or vegetation clearance (access to the site assumed to be of a reasonable standard and the site reasonably level). 4.2 A quoted price for supply of Services is valid for 90 days, and subsequently shall be deemed to be withdrawn. 4.3 Where an estimated price is provided, the Customer will receive the full benefit of any lesser cost for the supply of the Services, but the Company reserves the right to charge a higher price where time involved or the costs for the supply of the Services exceed the estimate.
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Quotations and Estimates. 3.1 If a quotation cannot be given, an estimate will be provided. An estimate may be accepted in the same way as a quotation. The provisions of this Agreement will apply to an estimate in the same way as they apply to a quotation.
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Quotations and Estimates. 2.1 Any quotation or estimate issued by the Company constitutes an invitation to treat and no legally binding relationship or Contract shall arise between the Company and the Customer unless and until the Company has accepted in writing the Customer’s order placed on the basis of the Company’s quotation. 2.2 Unless previously withdrawn all prices and quotations given by the Company are valid for a period of Thirty (30) working days unless a different period has been expressly stated in writing by the Company. 2.3 Unless otherwise expressly stated, all prices shall be exclusive of Value Added Tax, and of all other local and withholding taxes, which may be imposed on sales. 2.4 Offshore day rates quoted are for all hours worked, up to twelve (12) hours per day. For the avoidance of doubt, a minimum charge of twelve (12) hours will be applied for any part day worked offshore. 2.5 Where more than twelve (12) hours in any day are worked offshore such hours will be charged based on the quoted overtime rate, or where this has not been quoted, a pro rata of the applicable day rate. 2.6 Onshore day rates quoted are for all hours worked, up to eight (8) hours per day. For the avoidance of doubt, a minimum charge of eight (8) hours will be applied for any part day worked onshore. 2.7 Where more than eight (8) hours in any day are worked onshore then such hours will be charged based on the quoted overtime rate, or where this has not been quoted, a pro rata of the applicable day rate. 2.8 A minimum call out charge of four (4) hours will apply to minor onshore work to be performed on a site within a twenty (20) mile radius of FOS’ offices. 2.9 Mobilisation and demobilisation fees shall be chargeable per man, per trip, irrespective of duration of trip. 2.10 Accommodation costs shall be chargeable if check in times prevent mobilisation/demobilisation to/from Aberdeen on the day of mobilisation/demobilisation, or if mobilisations are delayed. 2.11 A full day rate is chargeable where personnel have been mobilised to a site or country and they are unable to carry out their duties due to circumstances out with the control of the Company. 2.12 Any delays out with the Company’s control will be charged. This includes, but is not limited to, plant shutdowns, weather conditions, permit restrictions, any delays to the arrival of equipment or travel delays. 2.13 All travel time will be charged at the appropriate day rate. 2.14 Mobilisation/Demobilisation costs including travel, acco...
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Quotations and Estimates. 3.1 Every statement or indication of price given by CPE is deemed to be an estimate only, in respect of which CPE has no liability or responsibility to the Customer or any other person except if it is a fixed price, in writing, specifically described as a quotation, dated, and signed by CPE, and accepted by the Customer. 3.2 Unless otherwise specified, all prices exclude GST and expenses set out in clause 2.4. These charges are payable by the Customer in addition to the prices stated. 3.3 CPE may at any time before Delivery is complete withdraw any quotation notwithstanding acceptance. 3.4 Any quotation (unless withdrawn) will expire after the specified period. If no period is specified the quotation expires 10 Working Days from its date. 3.5 If the Customer requests a variation to Products and CPE agrees to comply with the variation, it will be charged on the basis set out in the quotation. If no basis is specified CPE will charge in accordance with its usual rates plus a margin of 15%. 3.6 CPE may adjust the quoted price if, before or during Delivery, CPE’s costs are affected by: (a) An increase in the cost of foreign currency, materials, services, or labour to CPE; or (b) Any act or omission of the Customer or a third party; or (c) Amendments or substitutions to legislation, regulations, codes, or standards affecting the Products; or (d) Any increases in, or additional, or new, taxes, levies, royalties, surcharges, tariffs, duties, fees, tolls, or other such payments.
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Quotations and Estimates. 4.1 Any Quotation given by The Company is a considered approximation of the likely cost of work. Quotations do not constitute an offer by The Company. 4.2 The Quotation is valid from 14 days from the date stated thereon. 4.3 Details included within any Quotation given by The Company including general website specification, server specification, hosting specification, general functionality and information within supporting documents such as ‘What’s Included’ and ‘The Process’ should be considered as a guide only and is subject to change at any time by The Company without notice.
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Quotations and Estimates. 3.1 The Company’s quotations and estimates constitute invitations to treat. The Customer will place an order on the basis of the Company’s quotation. No Contract between the Company and the Customer shall arise unless and until the Company has accepted the Customer’s order in writing. 3.2 Unless previously withdrawn all prices and quotations given by the Company are valid for a period of thirty days unless a different period has been expressly specified in writing by the Company. 3.3 Unless otherwise expressly specified, all prices shall be exclusive of Value Added Tax, and of all other taxes which may be imposed on sales.
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Quotations and Estimates. 8.1 Where a quotation or estimate is given by the Designer for Work: (a) the quotation or estimate shall be valid for 21 days from the date of issue; and (b) the quotation or estimate shall be exclusive of Goods and Services Tax unless specifically stated to the contrary. 8.2 Where additional Work is required in addition to the quotation or estimate the Client agrees to pay for the additional cost of the Work.
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Related to Quotations and Estimates

  • Measurements and arithmetic conventions All measurements and calculations shall be in the metric system and calculations done to 2 (two) decimal places, with the third digit of 5 (five) or above being rounded up and below 5 (five) being rounded down.

  • Estimates and Reconciliation of Estimates Where estimated expenditures are used to determine the amount of the drawdown, the State will indicate in the terms of the State unique funding technique how the estimated amount is determined and when and how the State will reconcile the difference between the estimate and the State's actual expenditures.

  • Quotations Unless otherwise agreed any quotation given will normally remain valid for a period of 30 days from the date it is provided to you. We reserve the right to withdraw a quotation in certain circumstances, for example, where the insurer has altered their premium or terms for the insurance since the quotation was given or if a claim / incident has occurred since the terms were offered.

  • Statements of Reconciliation after Change in Accounting Principles If, as a result of any change in accounting principles and policies from those used in the preparation of the Historical Financial Statements, the consolidated financial statements of Holdings and its Subsidiaries delivered pursuant to Section 5.1(b) or 5.1(c) will differ in any material respect from the consolidated financial statements that would have been delivered pursuant to such subdivisions had no such change in accounting principles and policies been made, then, together with the first delivery of such financial statements after such change, one or more statements of reconciliation for all such prior financial statements in form and substance satisfactory to Administrative Agent;

  • Rate Quotations The Borrower may call the Administrative Agent on or before the date on which a Loan Request is to be delivered to receive an indication of the rates then in effect, but it is acknowledged that such projection shall not be binding on the Administrative Agent or the Lenders nor affect the rate of interest which thereafter is actually in effect when the election is made.