GIDEON P.

HILARDE AND ASSOCIATES

Business Consultancy and Realty Office
Brgy. San Agustin, Jalandoni St., Iloilo City 5000
+63 977 8444 333

July 13, 2020

KARA JOYCE C. MONTECLARO

School Administrator
South Coast International School Inc.
Benedicto St., Oton
Iloilo, Philippines

Dear Ms. Monteclaro:

Gideon Hilarde and Associates (the “Firm”) is pleased to present our proposal to provide
business consulting services to SOUTH COAST INTERNATIONAL SCHOOL, INC.
(the “School”). The Firm always strive to help our clients strengthen and enhance their
economic value and financial performance to respond to the demands of the market.
To achieve the goals we have set, we dedicate ourselves to the following four principles:

“TIMELY SERVICE, QUALITY OUPUT, GROWTH AND PERSONAL FULFILLMENT”

We take pride in our people - our Firm’s most valuable asset, to provide the School the
appropriate services. We strategically assign our team members to engagements and ensure
that all work are handled by professionals with high level of professional expertise and
academic background.

Attached herewith is our proposal to your request for business consultancy services. We would
welcome this opportunity to help you improve and further discuss our approach in providing
quality service.

All the best!

GIDEON P. HILARDE, CPA

Managing Partner

Right moves do MATTER.

 GIDEON P. HILARDE AND ASSOCIATES
Business Consultancy and Realty Office
Brgy. San Agustin, Jalandoni St., Iloilo City 5000
+63 977 8444 333

TERMS AND CONDITIONS

1. Scope of Services

The Firm is hereby engaged to perform business consulting services which spefically
includes budgeting and monitoring of expenses, business process improvement and
internal control recommendations for the School’s revenue to collection and purchasing
to payment processes. This will be included in the monthly reporting and strategic
meeting which will be schedules based on the agreement of both parties.

2. Limited Services
The Firm will assist the School in accordance with the “Scope of Services”. Other
services not included in the “Scope of Services” may be performed by the Firm at the
request of the School for an additional fee which will be further agreed by both parties.
3. Fees and Out-of-pocket expenses

We estimate our fees to be a total of P75,000 which is equivalent to five (5) months
(P15,000/month, to be paid in advance every month) of consulting services. The School
will be required to pay a downpayment of P15,000 equivalent to one (1) month of
consulting services which will be paid upon signing of the engagement letter.

Any out-of-pocket expenses incurred that is incidental to the performance of the services
(e.g. transportation and meals) rendered will be agreed with you prior to the start of the
engagement and will be billed separately.

4. Confidential Information

The Firm expressly agrees not to divulge, publish, or communicate any information
regarding the School, or its financial conditions to any persons without the express
written consent of the School. All information obtained by the Firm during this
engagement and all suggestions and recommendations received by the School will
remain the property of the School and the Firm shall keep all such matters confidential.

5. Term

The term of this engagement shall commence once the Engagement Letter is signed by
both parties for a duration of five (5) months. Another contract will be executed once the
School request for an extension of services. Actual schedule will be communicated to
the School and will be agreed by both parties upon signing of the Engagement Letter.

Right moves do MATTER.

 GIDEON P. HILARDE AND ASSOCIATES
Business Consultancy and Realty Office
Brgy. San Agustin, Jalandoni St., Iloilo City 5000
+63 977 8444 333

Acknowledgment
We are pleased to have the opportunity to provide our services to the School and appreciate
your trust in us. Please sign this Proposal/Engagement Letter and return one copy to the Firm.
In signing, the School agrees to the Terms and Conditions set in this letter.

Acceptance
I have read and understand the terms constituted in this contract. The signatory below
represents that she is authorized to accept this on behalf of the School.

Accepted by : ___________________
(Signature)
Name in Print : ___________________

Designation : ___________________

Date : ___________________

Right moves do MATTER.