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/Glossary/ What is Quotation Based Pricing?

What is Quotation Based Pricing?

Quotation Based Pricing involves setting custom rates per client request, considering project specifics, volume, or customization. Instead of fixed fees, suppliers or service providers craft tailored quotes for each request.

  • Custom Solutions: Aligns price with unique client needs.
  • Detailed Proposals: Breakdowns of labor, materials, and overhead.
  • Negotiation Space: Clients can discuss scope or cost changes.
  • Transparent Costing: Minimizes hidden fees or assumptions.

Quotation-based pricing balances competitiveness with project complexities, ensuring each offer meets exact requirements.

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