How do you calculate an elevator quote price?

Multiply quoted units by the price basis per unit and the scope percentage to get the variable equipment price, then add fixed project adders. For 4 units at $78,000 each at full scope plus $26,000 adders, the total is $338,000.

What does quote scope captured mean?

It is the share of full per-unit scope included in this quote. At 100% the entire per-unit price basis applies; a lower figure quotes a partial scope, such as equipment only without certain options.

What is the quoted price per unit in this example?

$84,500. That folds the $26,000 of fixed project adders back across all 4 units on top of the $78,000 equipment basis, giving the effective all-in price each unit carries.

Why separate fixed adders from the per-unit price?

Project adders like install support and documentation don't scale cleanly with unit count, so isolating them keeps the equipment price honest and makes the quote easier to negotiate line by line.

Variable equipment price vs total quote price?

The variable equipment price ($312,000 here) is just the units times price basis times scope. The total quote price ($338,000) adds the fixed project adders — that is the number the customer signs against.

How do I quote a mixed package of different elevator models?

Run the calculator once per model group with its own price basis, then sum the totals, because a single blended per-unit basis would misprice the higher-spec units.

Elevators, Escalators & Vertical Transport Equipment calculator

Vertical Transport Quote Price Calculator

A vertical transport quote price is the all-in dollar figure an elevator or escalator manufacturer puts in front of a general contractor or building owner for a defined package of units. Sales engineers and estimators build it from a per-unit price basis, then layer on the fixed adders that any real project carries — engineering options, install support, shop drawings, and code documentation. Because these are bid-driven, low-volume capital projects, the difference between winning and leaving margin on the table often comes down to how cleanly the variable equipment price and fixed project adders are separated. This calculator keeps both visible so the quote is defensible line by line.

What this calculator does

Build a quote price for elevator, escalator, moving walkway, or modernization equipment from priced units, unit price basis, scope capture, and fixed project adders.
an estimator needs a fast quote price for equipment, modernization kits, or service scope
It computes the total quote price for an elevator or escalator package by scaling per-unit price across quoted units and adding fixed project, option, install-support, and documentation adders.

Formula used

Variable quoted equipment price = quoted units × price basis per unit × quote scope captured
Total vertical transport quote price = variable quoted equipment price + fixed project adders

Inputs explained

Quoted elevator or escalator units:
Price basis per unit:
Quote scope captured:
Fixed project, option, install-support, and documentation adders:

How to use the result

Use it when preparing a bid, validating an estimator's number, or sanity-checking the per-unit price implied by a fixed-fee proposal.
It assumes one price basis across all quoted units; a mixed package of different rises, speeds, or capacities needs separate calculations or a weighted basis.

Current U.S. benchmarks

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Common questions

How do you calculate an elevator quote price? Multiply quoted units by the price basis per unit and the scope percentage to get the variable equipment price, then add fixed project adders. For 4 units at $78,000 each at full scope plus $26,000 adders, the total is $338,000.
What does quote scope captured mean? It is the share of full per-unit scope included in this quote. At 100% the entire per-unit price basis applies; a lower figure quotes a partial scope, such as equipment only without certain options.
What is the quoted price per unit in this example? $84,500. That folds the $26,000 of fixed project adders back across all 4 units on top of the $78,000 equipment basis, giving the effective all-in price each unit carries.
Why separate fixed adders from the per-unit price? Project adders like install support and documentation don't scale cleanly with unit count, so isolating them keeps the equipment price honest and makes the quote easier to negotiate line by line.
Variable equipment price vs total quote price? The variable equipment price ($312,000 here) is just the units times price basis times scope. The total quote price ($338,000) adds the fixed project adders — that is the number the customer signs against.

Last reviewed 2026-05-12.