What Is a Job Estimate?
Now, a job estimate is sometimes confused with a job quote. A job quote includes the exact price of a service and is binding. A job estimate is not binding because it only offers a rough idea of what the job will entail. It can include everything from estimated costs to a loose job. And from payment schedule to various other terms and conditions. It is usually given to an inquiring customer before piecing together the exact details of a project.
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5 Job Estimate Templates
There are dozens and dozens of job estimate templates, but we’ll focus on five that should be able to sufficiently serve you well in most projects.
1. Simple Job Estimate Template
This is an easy-to-edit Excel-based template where you can go in and add inline items and prices.
2. Hourly Rate Template
This hourly rate template offers a large and simply formatted table for job description and hourly rate.
3. Project Estimate Word Template
This Word document template is broken into project description and project details sections. In the project description section, you can enter a summary of the project, while the project details section should include any specific items or tasks as well as their prices.
4. Project Cost and Project Estimate Template
More complex than the other templates, this spreadsheet allows you to enter a number of items so that you can calculate the cost of both labor and products.
5. Technical Template
A technical template, such as an engineering template, is helpful for more niche projects.