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13 February 2024

<Name of the Client>


<Position>
<Address>

Subject: Lending Web Application

Dear

Greetings!

Thank you for giving the opportunity to Kaye and F IT Solutions to serve you.
We are pleased to provide our offering to cater your system requirements. Based on the information we
have gathered, below is our proposal for your consideration.

We hope you find this proposal mutually beneficial to your organization. Should you have further
questions and clarifications, please do not hesitate to contact the undersigned.

Sincerely,
Conforme:

Lito Bansil ___________________________


Mobile No.: 09176340954 Print Name and Signature
Email: acbansil176@gmail.com Date: ________________________

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I. SYSTEM SUMMARY AND CHARGES for 10 LICENSES

Description Amount Total


Web Application Lending System 225,000.00 225,000.00
Database Mysql
MA-Maintenance Agreement – (1year) renewable. 35,000.00 2,900.00
Divided into 12 months Php 35,000.00 | 2,900.00 in a Month in a month
Manage Service (Domain and Hosting) Monthly 15,000.00 15,000.00
Vat Exclusive

List of Modules
 Loan Application
 Loan Approval Loan Officer (Questionaire)
 Loan Approval CFO
 2FA
 SMS
 Admin
 Payment and Settlement
 Dashboard for Super Admin
 Signup and KYC
Based on the previous meeting here the listed below as agreed.

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Note: Exclusions
 Any customization on the system not mentioned during in the requirements gathering is subject
for new requirement definition.

II. SYSTEM MAINTENANCE INCLUSIONS

 Preventive software maintenance services help in preventing the system from any upcoming
vulnerability.
 Adaptive modifications in system to keep it compatible with changing business and technical
environment.
 Optimization and fine tuning of all elements, functionalities and abilities to improve system
operations and operational integrity.
 Corrective software maintenance for detecting errors on the existing solution and correcting them
to make it work more efficiently.

III. SYSTEM REQUIREMENTS (Minimum): RECOMMENDED

1. Desktop or Laptop
 Core i3 540 3.07 GHz (1st Gen) Core i5 760 2.8 GHz (4th Gen)
 8GB Ram, 500 GB HDD 16GB Ram, 1TB HDD
 OS: *Windows 7 32 or 64bit *Windows 10 64Bit
 Internet Browser Google Chrome or Firefox

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IV. TERMS and CONDITION

a. Prices quoted are in Philippine Peso, exclusive of VAT.


b. Price Validity: Price valid for thirty (30) days from the date of proposal.
c. Development for system modification/customization will start only upon initial payment.
d. Payment Terms:
i. CAPEX: 50% down payment upon acceptance of the proposal, 50% balance upon
UAT (User Acceptance Test) .
e. System Maintenance: 20% of the Capex Package.
f. System Maintenance payment will start 30 Days after UAT.
g. Proposed System Delivery: 7 Days upon signing of contract based on agreed implementation
plan.
h. Cancellation of order after the issuance of purchase order shall be 30% of the contract
value.
i. Acceptance of this proposal shall serve as our Purchase Order and Notice to Proceed.

For and on behalf of Kaye and F CONFORME:

__________________ __________ By: _________________________ __________


Lito Bansil Date Authorized Representative Date
Signature over Printed Name

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