Thats one of those "ballpark" numbers. Its very hard for a shop to put a cost on something without seeing or having the car / chassis in front of them unless they have done enough of those exact jobs. There are always unforseen issues that make or usually break the "budget bank". However those est. sound fair at best. Do you have items like wheels /tires (for well size and placement), fuel tank / cell (for trunk floor fabrication) etc ?
How do you propose you are going to transport the car with all that cut out ?
Seems like it would want to collapse on itself without alot of temporary bracing.
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