Cover Letter for a Cost Quotation August 2, 2014 Name of Tender Inviter Designation of Tender Inviter Address of the Organization Sub: Submission of Quotation for Interior Decoration and Ancillary Works at ABC Bank Ltd. Quotation letter is the most common and used letter in a business organization. So, detail discussion about quotation letter with quotation letter definition and quotation letter sample/quotation letter format/quotation letter example/quotation letter template are given below. Quotation letter definition. A quotation is a specific offer for sale. Guidelines : For Proposal/Price Quotes. Cover Letters for Proposals or Price Quotes. Guidelines and Alternate Phrases. Begin with an overview statement of what you are proposing or what pricing information you are providing. Thank you for the opportunity to quote Bordelon products for use in the Shnook laboratories.