Sample Quote Analysis Report
AI-powered analysis of your electrical quote
Proprietary Fairness Scale
How we determine pricing fairness
Each item is compared against current market pricing data to determine overall quote fairness.
How Fairness Is Determined
Transparency directly affects fairness. A lower transparency score will reduce the overall fairness score; however, the final assessment also considers price accuracy, scope alignment, and vendor reliability.
Pricing & Calculation Notes
Estimated Market Value
Estimated Market Value is calculated based on the listed line items and labor items only. Taxes, discounts, and additional fees are not included in this calculation.
Estimated Overpayment
Estimated Overpayment is calculated as: Estimated Market Value − Total of Material & Parts and Labor. If the result is negative, it is shown as Estimated Overpayment in a red indicator.
Estimated Savings
Estimated Savings is calculated as: Estimated Market Value − Total of Material & Parts and Labor. If the result is positive, it is shown as Estimated Savings in a green indicator.
| Item | Quantity | Unit Price | Total | Market Range | Verdict |
|---|---|---|---|---|---|
Outlet Installation (4 outlets) Install four tamper-resistant outlets with materials included. | 4 | $170.00 | $680.00 | $200.00 - $250.00 | Below Market |
Circuit Breaker Upgrade Upgrade 100A panel breakers to support additional load. | 1 | $250.00 | $250.00 | $200.00 - $300.00 | Market Price |
Labor (4 hours) On-site electrician labor, prep, install, and cleanup. | 4 | $300.00 | $1,200.00 | $220.00 - $250.00 | Above Market |
Outlet Installation (4 outlets)
Install four tamper-resistant outlets with materials included.
Circuit Breaker Upgrade
Upgrade 100A panel breakers to support additional load.
Labor (4 hours)
On-site electrician labor, prep, install, and cleanup.
| Item | Hours | Hourly Rate | Total | Market Range | Verdict |
|---|---|---|---|---|---|
Labor 3 skilled technicians | 8 | $175.00 | $1,400.00 | $80.00 - $125.00 | Above Market |
Installation Labor 2 electricians for installation work | 6 | $95.00 | $570.00 | $100.00 - $150.00 | Below Market |
General Labor On-site electrician labor, prep, install, and cleanup | 4 | $120.00 | $480.00 | $110.00 - $130.00 | Market Price |
Labor
3 skilled technicians
Installation Labor
2 electricians for installation work
General Labor
On-site electrician labor, prep, install, and cleanup
Transparency Checklist
Red Flags
- Missing model numbers for outlets
- No warranty information provided
- Vague labor description
Missing Model Numbers
- Outlet Installation – brand and model not specified
Vague Descriptions
- Labor charges do not include hourly rate breakdown
Missing Breakdowns
- Permit and inspection fees grouped together without itemized taxes
Unclear Pricing
- Circuit breaker upgrade does not separate parts and labor costs
Overall Assessment
Mixed pricing with opportunities to negotiate lower on select items.
Key Findings
- Labor costs are higher than similar quotes in the area.
- Permit and inspection fees exceed typical city averages.
- Some items provide negotiation leverage for a better deal.
Recommendations
- Ask the contractor to provide model numbers for major components.
- Request a revised breakdown that itemizes permit and inspection fees.
- Gather one to two additional quotes for comparison before signing.
Invite Vendors for Bids
We’ll send invitations to qualified and reputable vendors in our Pro Network within 20 miles of your location. You’ll receive a notification the moment a vendor offers a lower bid for the exact job.
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