When you first begin working with a general contractor, you’ll need to understand how much the project will cost. At CL Siding & Construction in Newark, OH, their experienced team will help you every step of the way. Though they’ll take care to explain every industry term, there are a few definitions you need to know before setting up a consultation with their roofing team. The contractors explain the difference between the terms bid, quote, estimate, and proposal:

• Bids: Bids are written documents contractors give to clients outlining the cost of the proposed job. Bids are valid for a set period, giving homeowners an opportunity to compile multiple bids for the project. This ensures that you choose the best contractor for your needs.
• Quotes: A quote refers to the estimated cost of materials needed to complete the project. Your general contractor receives quotes from their supplier and shares that information with you. Often, quotes will expire within 30 days as market demands change the price for materials.
• Estimates: Estimates are a contractor’s best guess of the cost of a project, factoring in time, labor, and materials. However, the estimate is not a guarantee that the project will be completed at a specific price. It’s simply your contractor’s best guess of the full cost of the project.
• Proposals: Proposals most often occur when multiple contractors are working to win a client’s business. Each general contractor can submit a proposal outlining the cost of materials, subcontractors’ fees, taxes, and all other associated costs for the project. This outline helps you decide which contractor you wish to work with by giving you clear insight into their charges and expectations.

Whether you’re just starting to look for a general contractor or have already spoken to multiple roofing companies, let the team at CL Siding & Construction give you a free estimate for your project. Their team will make sure your home’s exterior is in the best condition possible. Visit their website for more information on their services and call (740) 323-1406 to schedule an appointment.