If you trying to price work to be done, it’s important to know the difference between a quote and a bid. DEFINITIONS A quote - When you ask the provider of the service or product to tell you how much they would do the project or service for with the understanding that you aren't asking other people to "bid" on the same project A bid - When you ask the provider of the service or product to tell you how much they would do the project or service for with the understanding that you are asking ot.