Set the quote basis

Start with the request and document revision issued to vendors. Record quote number, date, contact, and validity.

Attach the original proposal to every comparison row. For construction vendor quote comparison, use this related guide as context while keeping the current project documents in control.

Normalize products and quantities

Match model, grade, size, finish, and performance. Reconcile quoted quantities with the current takeoff. Separate accessories and consumables from base material.

Compare commercial terms

Show freight, tax, deposits, and escalation separately. Confirm delivery location and unloading responsibility.

Treat lead-time language as a vendor term. When reviewing construction vendor quote comparison, consult AACE International for cost-engineering context, then apply it through the contractor’s own standards.

Review fields for construction vendor quote comparison
FieldRecordDecision check
Vendor and quoteRecord the vendor and quote used for construction vendor quote comparison.Confirm the entry against its cited source and assigned reviewer.
Product complianceRecord the product compliance used for construction vendor quote comparison.Confirm the entry against its cited source and assigned reviewer.
Quantity basisRecord the quantity basis used for construction vendor quote comparison.Confirm the entry against its cited source and assigned reviewer.
Commercial adjustmentsRecord the commercial adjustments used for construction vendor quote comparison.Confirm the entry against its cited source and assigned reviewer.
Selection rationaleRecord the selection rationale used for construction vendor quote comparison.Confirm the entry against its cited source and assigned reviewer.

Review substitutions and exceptions

List exceptions beside the affected scope. Route substitutions through the approval process. Request written clarification of material omissions.

Document the selected basis

Choose the estimate basis with a written reason. Identify the source of every blended price line.

Carry validity and exceptions into handoff. For recurring construction vendor quote comparison records, an estimating support role can maintain inputs while final approval stays with the contractor.

Frequently asked questions

What makes quotes comparable?

They need equivalent products, quantities, accessories, delivery, and commercial treatment.

How is a substitution shown?

Name the specified basis, proposed alternative, price effect, and approval status.

Where do freight and tax go?

Show them as separate adjustments before calculating the evaluated total.

Can several quotes support one estimate?

Yes, if each line identifies its source and any allowance between proposals.

Cost Estimating & PricingConstruction EstimatingCost Support