Guide1 min read
How to read a price quotation
What to check in a supplier quotation, from item details to validity dates and payment terms, before you approve it.
Illustrative photoA quotation tells you exactly what you will receive and what it will cost. Reading it carefully prevents misunderstandings later.
Line items
Check that every item lists the product name, specification, quantity, and unit price.
Validity period
Most quotations are valid for a limited time. Prices and stock can change after that date.
Additional costs
- Delivery or freight charges
- Installation or assembly
- Taxes, if applicable
Payment terms
Confirm whether payment is upfront, split into a down payment and balance, or due on invoice.
If any part is unclear, ask before you approve the quotation.
