How to handle material price increases on quotes
Parts prices move. A clear policy keeps surprises off both sides.
- Put a price-valid date on every quote. Say how long material prices are held.
- Use current supplier prices. Check before sending large quotes.
- Add a clause for big swings. Explain what happens if prices move a lot.
- Order materials early on big jobs. Lock supply when the customer approves.
- Tell customers before they are surprised. Explain the change with the supplier invoice.
- Review markup regularly. Make sure your markup still covers handling and risk.
Common questions
Can I charge more than the quote?
Only if your signed terms allow it. Check with your attorney.
How long should a quote hold prices?
Pick a period that matches how fast your suppliers change.
See also the contractor guides and free tools.
General information, not legal or financial advice. Verify with your attorney or accountant.
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