Unless you have already chosen a roofing contractor, at some point you will have to compare bids from different contractors. In this blog, Mobley Brothers Roofing & Restoration discusses the differences between a quote and an estimate, and how to evaluate them.
Quotes Vs. Estimates
People use the words “quotes” and “estimates” interchangeably. While they are similar, they have distinct differences. An estimate is like what the word means: it’s what a contractor believes the project will roughly cost. The finished project may end up costing more. A quote, on the other hand, is a far more detailed document that outlines materials, labor and other aspects of the project. Once the client signs a quote, it becomes the contract.
Elements of a Quote
Let’s take a look at what a roofing contractor would include in a typical roofing replacement quote:
The scope of the project, including a detailed description of the work involved.
A list of materials and accessories, sometimes listed as a BOM or bill or materials. This also includes a a breakdown of the associated costs.
The project timeline, including projected start and completion dates.
The cost of labor and hourly rate.
Other project costs, including permit application fees, along with tear-off and disposal costs.
Outlines of procedures in cases issues with the project are encountered. This includes changes to the project, delays and unplanned repairs.
Quotes and Estimates Can Have Different Prices
There are several factors that will affect the total project cost. Estimates are subject to what a project would typically cost, which may vary from contractor to contractor. In quotes, factors such as roofing area, type of material and labor associated with the material are carefully calculated and included in the calculation. Should a client opt for upgrades such as reflective “cool roof” features, higher wind ratings or extended warranties, these will be reflected in the quote. Never choose a bid based on the cost alone, as you might end up with a sub-par roof that won’t last long.
Mobley Brothers Roofing & Restoration is your leading provider of residential and commercial roofing services. Give us a call at (865) 216-3274 or (615) 906-1195. You can also fill out our contact form to schedule an appointment. We serve customers in Knoxville and Lebanon, TN.