Reply to Re: How to modify a quote

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Posted by Jerry Stuckle on 01/24/06 16:35

veg_all@yahoo.com wrote:
> I quoted a price for a client to do a php database project . After
> spending a few hours on it I realize I underestimated how much time it
> would take. I would like to revise my quote to double my original
> estimate. Is this ok to do or am I held fimly to my original quote?
>

This really belongs in a business-related newsgroup such as
alt.computer.consultants.moderated.

In my "real job" I build quotes almost daily. And I have to quote both
parts and equipment. While I can control labor rates, I can't always
control how long it will take (unexpected problems, etc.). And I can
never control my parts cost.

Once you've given them a firm quote, the only way you can change the
quote is if there is a change in the requirements - that is, the
customer requests a change and you agree to do it for $X. If it takes
less than the quoted time, you get to enjoy the "bonus". But if it
takes longer, you have to eat the overrun.

Chalk it up to a well-learned lesson. But don't take any shortcuts in
doing it; make it the best you can.

--
==================
Remove the "x" from my email address
Jerry Stuckle
JDS Computer Training Corp.
jstucklex@attglobal.net
==================

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