Construction Offer Letter
CONSTRUCTION OFFER LETTER
August 14, 2051
John Doe
5678 Oak Avenue
Springfield, IL, 62705
Dear John Doe,
We are pleased to present you with our offer for the construction project at 5678 Oak Avenue, Springfield, IL, 62705.
Below are the key details of our proposal:
Project Overview:
We will build a two-story residential home at the location above. The project includes:
-
Site Preparation
-
Foundation Work
-
Structural Framework
-
Interior and Exterior Finishes
Project Timeline:
-
Start Date: September 1, 2051
-
Completion Date: March 31, 2052
A. Cost Estimate:
|
Description |
Amount |
|---|---|
|
Labor |
$200,000 |
|
Materials |
$175,000 |
|
Permits and Fees |
$20,000 |
|
Contingency |
$55,000 |
|
Total Cost |
$450,000 |
B. Payment Terms:
|
Installment |
Amount |
Due Date |
|---|---|---|
|
Deposit |
$45,000 |
Upon signing |
|
First Installment |
$150,000 |
Upon commencement of work |
|
Second Installment |
$150,000 |
Upon completion of framing |
|
Final Payment |
$105,000 |
Upon project completion |
We offer a two-year warranty on workmanship and materials. Our team is fully insured for your protection. Please review the offer and contact us with any questions. We look forward to working with you.
Thank you for considering [Your Company Name].
Sincerely,
[Your Name]
Project Manager
