Proposal quotations are often requested by organizations and businesses that are involved in competing a large-scale project.Creating a quotation proposal must be done meticulously as to be able to inform your prospective customers
properly regarding the specific items that your proposed project may need as well as the prices per item. To help guide you in creating an effective proposal quotation, you must be familiar with the proper quotation format. In order to do so, download our templates on this page.
Quotation Proposal Template
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Quotation for Proposal Tender
Request for Proposal Quotation
What Is a Proposal Quotation?
A proposal quotation is a document that enumerates all the specific items of a project proposal such as
- the actions to be performed in order to complete it,
- the specific description of the results aimed for,
- the specific items that are needed to be purchased or availed in order to complete the project, and
- the specific persons assigned to oversee or perform per item of the proposal.
In a way, a proposal quotation is a combination of a project proposal and a quotation. This is usually sent in response to a formal request for a proposal quotation. The entity making the project plan would send a project proposal to a business or supplier in order for them to provide a list of specific items and their prices that are needed for the completion of all the aspects indicated in the project proposal.
How to Write a Proposal Quotation?
- Remember to label your document with a label that fits its function.
- Write your company’s letterhead after the label.
- A proposal quotation is different from a regular quotation. It must provide an overview of the results aimed for. In other words, it must briefly describe the reason behind the proposal.
- Then you may proceed with the enumeration of all the items that must be bought, procured, or availed from another entity, business, or supplier.
- Beside each item, indicate the price you are willing to offer to your prospective customer.
- At the bottom part of your proposal quotation, indicate the possible fees that may be added on top of the sum total for the items enumerated.
- Affix your signature.
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Difference between a Proposal and a Quotation
- A quotation is merely a listing of prices, delivery method, and payment method that a business offers to their prospective buyer; whereas, a proposal contains not only the price estimations but also a detailed description of all the actions and materials that are needed for a project.
- A quotation is concerned mainly on the budgeting while a proposal can also indicate
- the persons to accomplish specific tasks,
- the issue or problem that gave rise to the necessity of creating a proposal in the first place,
- its detailed solution,
- the feasible deadline for its completion, and
- the costs of items of services or materials that are required for the execution of the proposal.
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