What does a contractor's written estimate typically outline?

A contractor's written estimate typically outlines the project costs and scope. This document serves as a comprehensive overview of what the contractor will provide, including the estimated costs for labor and materials, as well as a detailed description of the work to be performed. The estimate defines the project's boundaries and specifics, ensuring that both the contractor and the client have a clear understanding of what is included in the project. This clarity helps prevent any misunderstandings later on regarding what is being paid for and what work will be completed.

While other aspects like the contractor's profit margin may indirectly influence the final cost, and payment methods are important for the billing process, they are not typically the focal points of a written estimate. Instead, the estimate's primary function is to provide an upfront summary of costs associated with the project and what the client can expect in terms of deliverables.