A proper quote protects both you and the contractor. A one-line “$18,000 for basement” is not a quote — it’s an invitation to disputes. Here’s what a complete, professional quote contains.
A clear scope of work
The quote should describe what’s being done in plain language: rooms, dimensions, what’s being removed, what’s being built, and crucially what is not included. Ambiguity here is where “I assumed that was covered” arguments come from.
Itemized materials and labour
Look for line items, not one lump sum — materials, labour, and any allowances broken out. If finishes (tile, fixtures, flooring) are listed as allowances, check the dollar figure is realistic; a lowball allowance makes the quote look cheaper than it is.
A payment schedule tied to milestones
Reasonable structure is a modest deposit (often 10–15%), progress payments tied to completed stages, and a final payment on completion. Alberta’s rules let you hold back a portion under the Prompt Payment and Construction Lien Act — avoid any contractor wanting most of the money up front.
Timeline and permits
Start date, rough duration, and who is responsible for permits should all be stated. If the job needs a City of Edmonton permit (most structural, electrical, plumbing and HVAC work does), the quote should say who pulls it.
Warranty, insurance and change orders
- Workmanship warranty length, in writing.
- Confirmation of liability insurance and WCB coverage.
- How change orders are priced and approved — so mid-project changes don’t become surprise bills.