Subcontractor Estimate Template (Free)

Subcontractors send bids or quotes to GCs, often competing against other subs on the same plans and scope. The GC compares the total price, but also what is included, what is excluded, schedule availability, and insurance and license status.

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When to use estimates: Use estimates to provide project quotes and get client approval before starting work. Once approved, convert your estimate to an invoice with one click to collect payment.

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Amount: $0.00
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Invoice_1001_Client_2026-10-14.pdf

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INVOICE

#1001
$0.00
Due:

From

Your Business Name

Bill To

Client Name
Invoice Date
Due Date
Description
Qty
Rate
Amount
Description
1
$0.00
$0.00
Subtotal:$0.00
Total:$0.00

Terms & Conditions

Payment is due within 30 days of invoice date.

What to include in your Subcontractor quote

  • Exact scope by plan sheets, spec sections, and addenda

    Referencing the documents you priced prevents arguments about whether something was included.

  • Inclusions and exclusions

    Listing what is not included, such as permits, patching, painting, or demolition, protects you from being assigned work you did not price.

  • Materials, brands, and allowances

    Specific products and allowance amounts keep you from absorbing cost overruns if the owner picks pricier finishes.

  • Schedule, duration, and mobilizations

    Pricing assumes a certain number of trips and a start window, and extra mobilizations should be billable.

  • Site conditions and GC-provided items

    Note assumptions such as power, water, hoisting, clear access, and a clean substrate that the GC will provide.

  • Pricing validity period and escalation

    Material prices, especially lumber, copper, and steel, shift quickly, so state how long the price holds.

  • Payment terms, retainage, and insurance

    Stating your expected terms and what coverage you carry sets expectations before the subcontract is drafted.

Subcontractor rates to quote from

ServicePricedTypical range
Journeyman labor (T&M change orders)per hour$55-110
Foreman or lead laborper hour$70-130
Drywall hang and finishper sq ft$2-4
Interior or exterior paintingper sq ft$1.50-4
Concrete flatwork (slab, driveway)per sq ft$6-14
Framing laborper sq ft$6-16
Equipment rental (skid steer, lift)per day$250-600
Mobilization or small-job minimumflat fee$250-1,000

Typical US ranges. Rates vary by region, experience, and job size.

Pricing your quotes

Price from a takeoff, not a gut feel

Measure quantities from the plans, apply labor production rates and current material quotes, then add overhead and profit. Subs commonly add 10 to 20 percent for overhead and profit, depending on the trade and market.

Use unit prices for uncertain quantities

When quantities may change, such as extra footings or additional drywall area, include unit prices for add or deduct work so changes are priced upfront.

Get supplier quotes in writing

Lock material pricing with supplier quotes and note their expiration dates. If a supplier quote expires before the job starts, your bid price should say so.

Separate alternates and options

Show base bid, alternates, and optional upgrades as separate lines so the GC can pick and total them without asking you to rebid.

Subcontractor estimate FAQ

Should I give the GC a lump sum or a line-item breakdown?

Lump sum is common for bids, but a breakdown helps later because it can become your schedule of values for progress billing. Provide a breakdown if asked and make sure it adds up to the bid total.

How long should a bid stay valid?

Many subs use 30 days, shorter for volatile materials. Put the expiration date on the bid, and state that pricing may change if award or start is delayed.

What if the GC wants me to lower my price after the bid?

That is common, and you can negotiate by reducing scope, adjusting schedule, or changing materials rather than just cutting profit. Whatever you agree to, get the revised scope and price in writing.

Can I charge for the time spent estimating?

Most subs absorb bid costs on competitive GC work. For complicated design-assist or repeated revisions on a private job, a flat estimating fee that is credited to the job if you win is reasonable.

Job done and ready to bill?

Use the Subcontractor invoice template to bill the client, or convert this estimate once it's approved.

Subcontractor invoice template

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