The biggest cost driver is not technology — it is almost always uncertainty. Each unanswered question in the specification becomes a contingency in the estimate. A team that does not know the edge cases will assume the more expensive option. Investing a few days in a proper discovery frequently cuts the overall figure by far more than any rate negotiation.
Integrations tend to be the next major multiplier. A feature that touches only your own data is easy to estimate; the same screen talking to an old accounting system is not. The effort hides in the counterparty: rate limits and sandbox access, slow approval cycles, fields that mean something different on each side. Ask each bidder to price integrations separately, as this is the usual source of overruns.
Quality attributes quietly rewrite the number. An application used by twenty people is a very different build from the same feature set handling a hundred thousand users. Audit and compliance requirements, availability guarantees, scalability, audit logging and custom php development localisation each add real engineering time. State them early or you can expect them priced as extras.
Who actually does the work matters. An hourly rate says almost nothing on its own: a senior engineer at twice the price can be less expensive in the end than a pair of junior best laravel development company developers who need supervision and rework. Ask as well which roles are billed: outsource azure development project management, QA, release engineering and UX design are real work, but they should be itemised.
The build price is never the total cost. Plan for infrastructure, subscriptions and licences, logging and alerting and a maintenance allowance for every year the software runs. A common working assumption says that any production system needs a recurring percentage of the initial investment per year simply to stay current. Treating the launch as the finish line remains the most common budgeting mistake.