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Quotation Estimate Economist in Colombia Bogotá –Free Word Template Download with AI

Professional Economist Services — Colombia Bogotá

Andean Economic Consulting Group S.A.S.

Calle 93 No. 15-40, Piso 12, Zona Rosa, Bogotá D.C., Colombia

NIT: 901.234.567-8 | RUT: 9012345678 | Phone: +57 (601) 743-2890 | Email: [email protected]

Quotation Estimate No.: QTE-BOG-2025-0487 Date of Issue: June 12, 2025 Valid Until: July 12, 2025 Location of Service: Colombia Bogotá
Client Name: Grupo Financiero Andino S.A. Contact Person: Dra. María Fernanda Restrepo
Address: Av. El Poblado No. 10A-21, Medellín, Colombia Email: [email protected]
NIT: 830.456.789-1 Phone: +57 (604) 265-7812

This Quotation Estimate is issued by Andean Economic Consulting Group S.A.S. to provide the client with a comprehensive and transparent breakdown of costs associated with the engagement of a senior Economist to deliver specialized macroeconomic and financial advisory services. All services under this Quotation Estimate will be performed in and around Colombia Bogotá, specifically at the client's designated office in the Zona Rosa district or at our firm's headquarters on Calle 93. The Economist assigned to this engagement will hold a Doctorate in Economics from a recognized Colombian or international university and will possess a minimum of fifteen (15) years of professional experience in macroeconomic policy analysis, fiscal modeling, and financial market forecasting relevant to the Colombian economy.

The Economist will be responsible for conducting in-depth economic analyses, preparing quarterly macroeconomic outlook reports for the Colombia Bogotá region, advising on regulatory compliance with the Banco de la República and the Superintendencia Financiera de Colombia, and presenting findings directly to the client's board of directors. All deliverables will be produced in Spanish and English to accommodate the multinational nature of the client's operations.

Item No. Description of Service Duration Unit Cost (COP) Total (COP)
01 Senior Economist — Monthly Retainer (Macroeconomic Advisory, Colombia Bogotá) 12 months 18,500,000 222,000,000
02 Quarterly Macroeconomic Outlook Report (4 reports per year) 4 deliverables 12,000,000 48,000,000
03 Board Presentation & Strategic Briefing (Economist-led, in Colombia Bogotá) 4 sessions 8,500,000 34,000,000
04 Regulatory Compliance Review — Banco de la República & Superintendencia Financiera 2 reviews 15,000,000 30,000,000
05 Ad-hoc Economic Modeling & Scenario Analysis (up to 80 hours) 80 hours 450,000 36,000,000
06 Travel & Logistics within Colombia Bogotá (transport, venue, materials) 12 months 2,500,000 30,000,000
07 Project Management & Coordination Fee 12 months 3,200,000 38,400,000
SUBTOTAL (COP) 438,400,000
IVA 19% (COP) 83,296,000
GRAND TOTAL (COP) 521,696,000
GRAND TOTAL (USD, approx. at COP 3,950/USD) USD 132,075.00
  • This Quotation Estimate is valid for thirty (30) calendar days from the date of issue. After the expiration date, all prices listed herein are subject to revision based on prevailing market conditions in Colombia Bogotá.
  • The Economist engaged under this Quotation Estimate shall be bound by a strict Non-Disclosure Agreement (NDA) and a conflict-of-interest declaration in compliance with Colombian labor law (Código Sustantivo del Trabajo) and data protection regulations (Ley 1581 de 2012).
  • All services will be rendered in Colombia Bogotá unless otherwise agreed in writing. Any travel outside the Bogotá D.C. metropolitan area will be billed separately at cost plus a 15% administrative surcharge.
  • Payment terms: 50% of the monthly retainer is due on the 1st business day of each month, and 50% is due on the 15th business day. Deliverable-based fees (Items 02 through 05) are payable within fifteen (15) calendar days of formal acceptance by the client.
  • Invoices will be issued in Colombian Pesos (COP) and will include the applicable 19% IVA as mandated by the Dirección de Impuestos y Aduanas Nacionales (DIAN) of Colombia.
  • The client reserves the right to request a replacement of the assigned Economist with a minimum of thirty (30) days' written notice, provided the replacement meets or exceeds the qualifications specified in this Quotation Estimate.
  • Intellectual property of all reports, models, and analyses produced under this engagement shall vest in the client upon full payment. The Economist retains the right to reference the engagement in professional portfolios with prior written consent.
  • This Quotation Estimate does not constitute a binding contract until both parties have executed the formal Service Agreement. It serves solely as a good-faith estimate of costs and scope.
Important Note: This Quotation Estimate reflects the current economic conditions in Colombia Bogotá as of June 2025. Should the Banco de la República adjust the reference interest rate (tasa de interés de referencia) by more than 100 basis points during the validity period, the firm reserves the right to issue a revised Quotation Estimate with updated pricing. All figures are exclusive of any additional services not explicitly listed above.

By signing below, the client acknowledges receipt of this Quotation Estimate for Economist services in Colombia Bogotá and agrees to the terms, conditions, and pricing outlined herein. This acceptance does not obligate either party to enter into a formal contract until the Service Agreement is duly executed.

For Andean Economic Consulting Group S.A.S.
Dr. Alejandro Vargas Mendoza
Director General
Date: _______________
For Grupo Financiero Andino S.A.
Dra. María Fernanda Restrepo
Gerente General
Date: _______________

Andean Economic Consulting Group S.A.S. — Quotation Estimate QTE-BOG-2025-0487 — Page 1 of 1

This document was prepared in Colombia Bogotá and is governed by the commercial laws of the Republic of Colombia. Any disputes arising from this Quotation Estimate or the subsequent Service Agreement shall be resolved by the competent commercial courts of Bogotá D.C.

© 2025 Andean Economic Consulting Group S.A.S. All rights reserved.

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