Independent Contractor Estimate Template

Create independent contractor estimate online or download this fully customizable blank independent contractor estimate template in Word, Excel or PDF. You can also open it in Google docs and personalize the template. It will take less than a minute to quote your client and you can also seek online approval of the independent contractor estimate from your client.

Here is how to create estimate using this independent contractor estimate template

1. On the top left of the template add name of your service or business, address & contact information
2. You can keep the default label of the document as “estimate” or change it to “estimate" or "proposal"
3. By default estimate date would be current date. You can keep the date as is or choose a different date
4. Add a unique estimate number. In case you are following a sequence for estimate number, you can edit the default number to the next number in your sequence
5. In the description section of this independent contractor estimate template please provide details of Services provided or products sold. If you provided multiple services/products you can add separate rows
6. If applicable, you can apply taxes as well using the tax option
7. Add payment terms and provide the expiry date of estimate. You can either provide a expiry date or number of days for which the estimate would be valid
8. Click on generate estimate button

Once you create independent contractor estimate online you can download the estimate in printable PDF format or email the estimate to your client in just one click. There is also an option to export/download the estimate in Word or Excel to your local system or open the estimate in Google docs or sheets.

Why should a business issue estimate?

Issuing a independent contractor estimate is a good practice. It greatly helps if you issue a professional estimate to your client highlighting details of your services/products and the price. It will help your client in evaluating your proposal. While there is absolutely no legal obligation for issuing a formal independent contractor quote, issuing estimate should be seen as an opportunity to place you brand as a great option for your prospective client. Quotation can help further the dialogue with potential client and close more deals.

How to quote for independent contractor?

When you are creating a independent contractor quote you need to carefully consider all the costs you will incur to make the sale plus your mark-up, which includes not only the direct cost of the product or service itself but also incidental costs such as cost of transport or commuting.

Is there a prescribed statutory independent contractor estimate template?

While there is no statutory template for creating a independent contractor estimate, it is strongly suggested that you include all the details listed above when you are creating a estimate.