SweetFA

Term Explainer

What is a quote?

A quote is a price offer for agreed work, usually valid for a limited period.

A quote sets out the agreed work and the price offered before work starts.

Quotes are often used for customer approval and can include a validity period.

If scope changes, you usually issue an updated quote.

Guidance only. Binding effect depends on your contract terms and acceptance process.
Review status: Pending legal review
Last reviewed: 2026-03-05