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Quotation Estimate Economist in Pakistan Karachi –Free Word Template Download with AI

Professional Economist Consulting Services | Pakistan Karachi

Karachi Economic Advisory & Research Group (KEARG)

Quotation Estimate No.: KEARG/QE/2025/0047
Date of Issue: 15 June 2025
Valid Until: 15 July 2025 (30 days from date of issue)
Prepared For: Mr. Ahmed Raza Siddiqui, Chief Financial Officer, Al-Madina Industrial Group, Clifton, Pakistan Karachi
Prepared By: Dr. Fatima Noor Khan, Senior Economist, KEARG, Shahrah-e-Faisal, Pakistan Karachi
Currency: Pakistani Rupee (PKR)

This Quotation Estimate is formally issued by Karachi Economic Advisory & Research Group (KEARG) to provide a comprehensive and transparent breakdown of professional fees, expenses, and deliverables associated with the engagement of a qualified Economist to deliver strategic economic consulting, macroeconomic analysis, and policy advisory services to Al-Madina Industrial Group. This document serves as the binding financial proposal for the scope of work described herein, tailored specifically to the operational and regulatory environment of Pakistan Karachi, the commercial capital of the Islamic Republic of Pakistan.

The Economist engaged under this Quotation Estimate shall possess a minimum of fifteen (15) years of experience in macroeconomic and microeconomic analysis, with demonstrated expertise in South Asian trade policy, foreign exchange dynamics, inflation modeling, and industrial sector forecasting relevant to the manufacturing and export-oriented enterprises operating in Pakistan Karachi.

The following services are encompassed within this Quotation Estimate for the engagement of the Economist in Pakistan Karachi:

  • Quarterly macroeconomic outlook reports specific to the Karachi metropolitan region and the broader Sindh province economy.
  • Monthly foreign exchange and interest rate impact assessments for import-dependent industrial operations.
  • Ad-hoc policy briefs on State Bank of Pakistan monetary policy decisions and their implications for industrial capital planning.
  • Annual strategic economic risk assessment covering trade route disruptions, energy cost volatility, and regulatory changes in Pakistan Karachi.
  • Two (2) on-site advisory sessions per quarter at the client's premises in Clifton, Pakistan Karachi.
  • Access to KEARG's proprietary economic modeling database covering 20 years of historical data for the Karachi industrial corridor.
Item No. Description of Service Duration / Frequency Rate (PKR) Amount (PKR)
01 Senior Economist Retainer Fee (Dr. Fatima Noor Khan) 12 months 450,000 / month 5,400,000
02 Quarterly Macroeconomic Outlook Reports (4 reports) Per quarter 180,000 / report 720,000
03 Monthly FX & Interest Rate Impact Assessments (12 reports) Per month 95,000 / report 1,140,000
04 Ad-hoc Policy Briefs (up to 6 briefs per annum) As required 120,000 / brief 720,000
05 Annual Strategic Economic Risk Assessment Once per year 450,000 450,000
06 On-site Advisory Sessions at Client Premises, Clifton, Pakistan Karachi 8 sessions / year 75,000 / session 600,000
07 Proprietary Database Access & Licensing (KEARG Karachi Economic Model) 12 months 300,000 / year 300,000
08 Travel & Local Transportation within Pakistan Karachi (Shahrah-e-Faisal to Clifton corridor) 12 months 40,000 / year 40,000
09 Administrative & Overhead Charges (10% of subtotal) — — 938,000
TOTAL ESTIMATED COST (PKR) 10,308,000
Applicable Sales Tax (18% as per Sindh FBR regulations, Pakistan Karachi) 1,855,440
GRAND TOTAL (PKR) 12,163,440

Payment against this Quotation Estimate shall be structured as follows: an initial advance of twenty-five percent (25%) upon execution of the service agreement, followed by quarterly installments of twenty-five percent (25%) each, due within fifteen (15) business days of the commencement of each calendar quarter. All payments shall be made via bank transfer to the KEARG account at HBL, Shahrah-e-Faisal Branch, Pakistan Karachi. Late payments shall attract a penalty of two percent (2%) per month on the outstanding balance.

(a) This Quotation Estimate is valid for thirty (30) calendar days from the date of issue. Beyond this period, all rates are subject to revision based on prevailing economic conditions in Pakistan Karachi, including but not limited to changes in the State Bank of Pakistan policy rate, inflation indices, and foreign exchange volatility.

(b) The Economist engaged under this arrangement shall maintain strict confidentiality regarding all proprietary data, trade secrets, and strategic information of the client. A separate Non-Disclosure Agreement (NDA) shall be executed prior to the commencement of services.

(c) All deliverables, including reports, briefs, and assessments, shall be submitted in both printed and digital (PDF) format. The client shall have full intellectual property rights over all commissioned work produced under this Quotation Estimate.

(d) In the event of force majeure, including but not limited to natural disasters, government-imposed lockdowns, or systemic financial disruptions affecting Pakistan Karachi, either party may suspend obligations with written notice of forty-eight (48) hours.

(e) This Quotation Estimate shall be governed by and construed in accordance with the laws of the Islamic Republic of Pakistan. Any disputes arising from the interpretation or execution of this document shall be subject to the exclusive jurisdiction of the courts in Pakistan Karachi.

(f) The Economist reserves the right to decline engagement on any specific ad-hoc brief if the subject matter conflicts with professional ethical standards or regulatory restrictions imposed by the Pakistan Economic Research Forum.

By signing below, both parties acknowledge that this Quotation Estimate accurately represents the agreed-upon scope, cost, and terms for the engagement of the Economist to provide professional economic advisory services in Pakistan Karachi. This document, once countersigned, shall constitute a binding service agreement for the duration specified herein.

For and on behalf of KEARG

Dr. Fatima Noor Khan
Senior Economist & Managing Director
Karachi Economic Advisory & Research Group
Date: _______________

For and on behalf of Al-Madina Industrial Group

Mr. Ahmed Raza Siddiqui
Chief Financial Officer
Al-Madina Industrial Group, Clifton
Pakistan Karachi
Date: _______________

This Quotation Estimate document was prepared and issued by Karachi Economic Advisory & Research Group (KEARG), registered under the Companies Ordinance 1984, NTN: 7821456-3, located at Suite 412, Ocean Tower, Shahrah-e-Faisal, Pakistan Karachi. For queries regarding this Quotation Estimate or the scope of Economist services, please contact: [email protected] | +92-21-3584-7720.

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