Quote Development Clause Samples

The Quote Development clause outlines the process and requirements for preparing and submitting cost estimates or proposals for a project or service. Typically, it specifies the information that must be included in the quote, such as itemized pricing, timelines, and any assumptions or exclusions, and may set deadlines for submission or revision. This clause ensures that both parties have a clear, documented understanding of the scope and cost of work before proceeding, reducing the risk of misunderstandings or disputes over pricing and deliverables.