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A cost estimate is a commercial pre-costing, which is comparable with an obligatory offer. A cost estimate serves a customer for it a conception to provide, which it a certain order would cost. For the customer cost estimates are noncommittal.

Often cost estimates are ordered in such a way by the customer that this too or can vote different options out, in order to be able and their respective economic viability determine to adapt them to the individual financial framework. There are cost estimates in the technology, e.g. building industry, KFZ repair or electro-technology, in addition, in financing, e.g. with life insurances, and in the medical range, e.g. for medical and dental achievement outstanding features of a cost suggestion are:

  • a description to kind and range of the angedachten work
  • the work time necessary for it and associated labor costs
  • the material necessary for it and associated material costs
  • the fulfilment period, e.g. in form of a validity period.

For cost estimates become in Germany without special agreement none repay due, whereby however the respective Dienstleister will be quite endeavored for this, partly very time-intensive to obtain achievement a payment. Frequently these repay formulated as lump sums into the respective AGB or in appropriate price lists of the offerer and countersigned during requirement by the customer. Often the possibility exists on the part of the offerer that this repays during placing of order to favour of the customer is charged.

Meaningful is the agreement of a payment in particular, if in the cost estimate already a part of the offered achievement one fulfills. For example the error tracing can constitute the main part of the work with the repair of a computer.

The statements about the total price, met in a cost estimate, may be exceeded only by little per cent. For this reason an incorrectly erstellter cost estimate can lead quite also to substantial losses for the offerer, since it committed itself hereby to the achievement contribution to the aforementioned conditions. An estimate unfavorable for the customer will lead if necessary to the fact that the customer looks for itself another, more favorable offerer at the market. A cost estimate is thus comparable to an obligatory offer, how it is needed approximately for the submission with a bidding procedure (in form of a competition is accomplished).

Good entrepreneurs place in such a way specified to the cost estimate, which represents a pre-costing, in relation to recalculation, in order to receive for future offers a more founded and thus improved commercial calculation basis.

See also: KFZ expert

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