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What is a quotation from the suppliers?

Updated: 8/17/2019
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15y ago

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A supplier's "quotation" can be a statement of the current price of whatever product he is supplying. It can also refer to the estimated cost of a particular job. As an example, if you wanted to hire a brick layer to create a walkway to your front door, you would ask him to submit a "quote" of what he would charge to do the job. That quote would give you the cost of his labor and well as the cost of his supplies (bricks).

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