How Eliminating Paper Waste Can Save Your Business #infographic

How Eliminating Paper Waste Can Save Your Business #infographic


An estimation, bid, quote and suggestion may be constructed according to the person who uses the term. Some construction specialists use interchangeable terms "estimate" and "citation," while the offer or offer can become a contract if the customer signs.

The difference between coke, cola, soda and pop depends on where and when you are but we can all understand that when you buy one, you won't have a glass of milk. Below are the meanings which are most agreed, apart from all the ambiguity and subtleties. A quotation is a number that a contractor gets for a job from a manufacturer for the price of the materials.

Quotations are typically only valid over a certain period of time––usually about a month––meaning the buyer only has that much time to purchase the products at the given price.  The prices of the goods can adjust, in addition to the specified timeline. Thus quotes are often linked to a time frame. Quotes expire as the project includes goods, and their prices fluctuate on the basis of supply and demand.

Lumber is a good case in point. Suppliers in a growing economy will not be able to generate only 2 pennies more if demand goes beyond control. Before they are sold, the trees need to be harvested, processed into timber and sent onto the market. It takes the producers time to meet the unpredictable demand. Another example might be a pump whose cost depends on the price of the diesel fuel at the time of the job.

How Eliminating Paper Waste Can Save Your Business #infographic

infographic by: jobsite.procore.com

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