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minnapple - 2:09 am on Oct 14, 2005 (gmt 0)
It is not binding, a final estimate is based upon a formal reciept of request. I have a basic spreadsheet I enter the data as I speak to the client. Most of the time, the original data is not even close to what they want, but I get more formal rfq's because I am able to deliver a ball park on the spot.
I can give an estimate after a 5 minute conversation.
I base it on a standard criteria, on what the client will deliver and what I have to produce.