A formal quote is an official document outlining a company’s expected cost for providing goods or services. This document spells out the terms and conditions of the business transaction and serves as a legally binding agreement between the two parties should either party choose to move forward with the deal. Formal quotes provide customers with valuable insight into the pricing, quality, and timing expectations for any project, and serve to protect both buyer and seller alike. Get your quote in writing today – it could be the difference that seals the deal!