Republic of the Philippines)

Province of ___________:SS
City of __________________

PROJECT MANAGEMENT AGREEMENT

THIS AGREEMENT hereinafter referred to as “agreement,” is entered into and made effective
as of ____________(“Effective Date”) by and between the following parties:

_______________ (“Client”) a contractor, incorporated under the laws of the Republic of the
Philippines,having its principal address at
____________________________________________.
And
________________ (“Project Manager”) incorporated under the laws of the Republic of the
Philippines, having its principal office address at
______________________________________.

Client and Project Manager may be referred to individually as “Party” and collectively as the
“Parties”.

Proposed Project of Interior Design and Interior Fit-out for 164.52sqm. In Unit 109-112 G/F
Venice Grand Canal Mall Mckinley Hill.

RECITALS:

WHEREAS, Client wishes to retain the Project Management Services (as defined below) of
Project Manager;

WHEREAS, Project Manager has the skills, qualifications, and expertise required tro provide the
Project Management to the Client;

WHEREAS, Project Manager wishes to render such Project Management Services to Client.

NOW, therefore, in consideration of the promises and covenants contained herein, as well as
other good and valuable consideration (the receipt and sufficiency of which is hereby
acknowledged), the parties do hereby agree as follows:

SCOPE OF SERVICES:

A. Consultation with the client to determine overall project requirements.

B. Ascertain potential building code, life safety code, and barrier-free regulations might
affect the project.
C. Supervision: From designs to construction.
D. Commit and deliver the Project with target timeline.
E. Make sure everything is structural integrity is implemented accordingly.

ARTICLE I. DEFINITIONS:
As used in this Agreement:
A. Prepare the following design documents based on the approval schematic design:
1. Floor plans and furniture layout.
2. Elevation drawings as necessary.
3. Watch board with samples of interior materials and finishes, as well as
representational photos of furniture, fixtures and equipment specified.
4. Three dimensional rendered view
 B. Submit the preliminary budget of the approved Budget Breakdown proposal.

II. DESIGN FINALIZATION

A. Provide information for the preparation of bid specification for architectural finishes,
furniture and furnishings for specifications written by suppliers/ contractor / by
others.
B. Provide counsel and guidance in the selection of necessary suppliers, and contractor
to perform the required work.
C. Review all the materials prepared in the design finalization phase with the client.

III. FINISHING

A. Upon approval and confirmation by the Owner, coordinate delivery and/or

installation of the furnishings portion of the project.
B. Interior designer shall assist in the procurement of furniture and furnishings.
C. Supervise renovation and installation of furniture and furnishings.
D. Make periodic visits during the delivery and/or installation of goods to verify that the
Work is being done according to the specifications and meets standards of work.
E. Monitoring the progress of works and ensuring that the actual furnishing is in
compliance with the contract drawings and specifications.

CONDITIONS:

A. Design Finalization. All design changes and finishing are subject for Designer’s
Approval. Any changes and/or revisions requested by the Owner after approval of the
final design shall be subject to compensation as agreed upon by both parties.
B. Payment Terms. Client is required to settle the payment terms mentioned below
upon signing of this proposal contract. Failure to pay based on the payment terms
given below will be charge 3% of the total contract price penalty per week. All prices
quoted herein are VAT exclusive unless specified and this contract implement NO
RETENTION. Other requirements / inquiries by the client not explicitly mentioned
herein shall be billed separately. Furthermore, subject to additional charges pursuant
to any change orders, Client agrees to pay contractor base on the payment terms
below and payment/deposit is NON-REFUNDABLE in the event this contract is
terminated for any other reason.
C. Project Timeline. In the interest of a smooth and timely completion of the project,
the Owner is advised to give timely approvals to the documents submitted by the
designer. This Quotation / Contract proposal is valid for seven (7) days only upon
receipt which prices are subject to change without prior notice. Any avoidable delays
(e.g. materials unavailability and natural calamities ) in delivery or installation do not
nullify this contract or no penalties be charge.
D. Responsibilities and Liabilities. The Interior Designer shall not be responsible for
the quality, workmanship, appearance, or warranty of goods should the Owner
purchase goods neither other than those specified, nor for the timely completion of
work by others. (Air con supplier, sprinkler and smoke detector). Items, articles units,
and assemblies or any of its parts, shall remain as property of MKMV Interior Design
Studio until the client has paid in full all the cost charges specified herein. Excess and
unused materials after installation will be returned to MKMV Interior Design Studio.
The client waives any right to sue MKMV Interior Design Studio for whatever
necessary and accidental damage that may caused to the thing to which the same has
been installed, fixed or attached.
E. Limited Warranty on services upon date of completion. This applies to defects in
materials and workmanship. All finishings and materials are subject for (3) Three
months warranty only. This warranty does not apply to damage caused by (a)
 accident, abuse and misuse, or (b) any unauthorized repair or modification, alteration
and anything that compromises the installed product in its normal and safe operation
shall make the warranty void. Natural Calamity and improper use of the contract will
also nullify the warranty issued by the management.
F. Confidentiality. The parties to this agreement agreed that each shall treat as
confidential any and all personal information of the client as such may not be
divulged to any third party. Design renders may be used by the firm for marketing
purposes without prejudice to the personal information of the client. Applicable laws
shall be executed in the event of breach.
G. MKMV Interior Design Studio reserves its right to remove / dismantle / pull-out
items/ materials installed without the need to give notice thereof if payment is not
made base on the payment terms completion.
H. This agreement is based on the provisions of the Interior Design Act (R.A. 10350).
All design and contract documents, as instruments of service shall remain as the
property of the Interior Designer in accordance with the Intellectual Property Code,
whether the design is executed or not.
I. This Agreement may be terminated by either party upon written notice, should the
other party fail substantially to perform services through no fault of the party
initiating the termination. Should the Interior Designer be terminated at no fault, she
shall be compensated for services performed including ten percent (10%) of the
remaining balance of the fee.

TURN KEY SOLUTION:

I. AREA SIZE: 164.52 square meter

Php 35,000 per square meter
Php 35,000 x 164.52 sqm = Php 5,758,200
Discounted Price: 5,000,000.00

II. PAYMENT TERMS:

1st Payment : 40% Down Payment Php 2,000,000 upon signing the contract.
2nd Payment: 40% Payment Php 2,000,000 1 week before purchasing of
Kitchen Equipment.
3 Payment: 15% Progress Payment Php 750,000 upon unit turn over.
rd

4th Payment: 5% Last Payment Php 250,000 One month after unit turn over.

III. INCLUSIONS:

Business Proposal:
 Branding and Logo
 Foods, Coffee and Menu Conceptualization
 Kitchen Equipment and Staff Training
 Build and Design
 Building and Occupancy Permit
 Professional Fee

*Note: Specification of inclusions are generalized in another sheet of Contract Proposal

Breakdown.*

The above-mentioned Total Project Cost will be AMOUNTING TO PHP

4,500,000.00 VAT EXCLUSIVE and will not issue Official Receipt for 164.52 sqm
in Unit 109-112 G/F Venice Grand Canal Mall Mckinley Hill including quality
checking of designers and supervision mentioned above. Any additional work
requested by you that is not described above and in General Scope of work to be
provided hereafter, or any work that must be done after you have signed approval, shall
be billed separately.
 This Contract Proposal will serve as a FORMAL CONTRACT if duly signed by the
client/owner/ or any authorized representatives and shall not henceforth be subject to
alterations or cancellation. Should you have further inquiries and/or suggestions, kindly
call us at (02) 70020348 . Thank you for the opportunity of serving you and we look
forward to serve you better in the future.

Your signature in the space below signifies approval of this proposal. Your consideration
is truly appreciated and I look forward to working with you on this Project.

IN WITNESS WHEREOF, the parties thereto have caused this Agreement to be executed the
day and year first before written

__________________________________ _______________________________
Mary Kathlyn M. Villapando Client signature over printed name

__________________________________ _______________________________
witness witness

Doc. No. ________

Page No. ________
Book No. ________