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Quotation Estimate Mathematician in Malaysia Kuala Lumpur –Free Word Template Download with AI

Apex Mathematical Consulting Sdn. Bhd.

Level 24, Menara Maxis, Jalan Tun Razak, 50400 Malaysia Kuala Lumpur

Tel: +603-2161 8800 | Email: [email protected]

Registration No: 201901045678 (K) | SST Reg: 001901234567

Quotation No: QTE-ML-2025-0487
Date Issued: 15 June 2025
Valid Until: 15 July 2025
Prepared For:
Client Name: [Client Company Name]
Address: [Client Address], Malaysia Kuala Lumpur
Attn: [Contact Person]

This Quotation Estimate is issued by Apex Mathematical Consulting Sdn. Bhd. to provide comprehensive professional services rendered by a senior Mathematician for the client's operational and research requirements in Malaysia Kuala Lumpur. The engagement covers advanced mathematical modelling, statistical analysis, algorithmic design, and quantitative research support tailored to the client's industry-specific needs.

The Mathematician assigned to this project holds a Doctorate in Applied Mathematics from a recognised international institution and possesses over fifteen (15) years of professional experience in quantitative analysis, computational mathematics, and data-driven decision modelling. The services will be delivered primarily at the client's premises in Malaysia Kuala Lumpur, with the option of remote collaboration as mutually agreed upon.

No. Description of Service Duration / Qty Rate (MYR) Amount (MYR)
1 Senior Mathematician – Advanced Mathematical Modelling & Simulation (on-site in Malaysia Kuala Lumpur) 120 hours RM 450.00/hr RM 54,000.00
2 Statistical Analysis & Predictive Analytics – Mathematician consultation and report preparation 40 hours RM 450.00/hr RM 18,000.00
3 Algorithm Design & Computational Optimisation – Mathematician development and code review 80 hours RM 450.00/hr RM 36,000.00
4 Technical Documentation & Methodology White Paper – Mathematician authored deliverables 1 package RM 8,500.00 RM 8,500.00
5 On-site Travel & Accommodation within Malaysia Kuala Lumpur metropolitan area 12 days RM 350.00/day RM 4,200.00
6 Project Management & Coordination (dedicated Mathematician team lead oversight) 3 months RM 5,000.00/mo RM 15,000.00
7 Post-Engagement Support & Knowledge Transfer Sessions in Malaysia Kuala Lumpur 3 sessions RM 2,500.00/session RM 7,500.00
Subtotal RM 143,200.00
SST (8%) RM 11,456.00
TOTAL AMOUNT DUE RM 154,656.00

Payment for this Quotation Estimate shall be made in three (3) instalments as follows:

  • 30% Advance Payment (RM 46,396.80) – Due upon signed acceptance of this Quotation Estimate and prior to commencement of the Mathematician's engagement.
  • 40% Progress Payment (RM 61,862.40) – Due upon completion of the mid-project deliverables, including the preliminary mathematical models and statistical reports.
  • 30% Final Payment (RM 46,396.80) – Due upon final acceptance of all deliverables and completion of knowledge transfer sessions in Malaysia Kuala Lumpur.

All payments shall be made via bank transfer to the account of Apex Mathematical Consulting Sdn. Bhd. at Maybank, Account No. 5123-4567-8901, Malaysia Kuala Lumpur. Invoices will be issued in accordance with the Inland Revenue Board of Malaysia (LHDN) guidelines.

  1. This Quotation Estimate is valid for thirty (30) calendar days from the date of issue. Beyond this period, rates and availability of the Mathematician may be subject to revision.
  2. All intellectual property, mathematical models, algorithms, and documentation produced by the Mathematician under this engagement shall become the sole property of the client upon full and final payment.
  3. The Mathematician shall maintain strict confidentiality regarding all client data, proprietary information, and project details in accordance with the Personal Data Protection Act 2010 (PDPA) of Malaysia.
  4. Any changes to the scope of work beyond the originally agreed deliverables will be subject to a revised Quotation Estimate and mutual written approval before additional work commences.
  5. The Mathematician reserves the right to decline engagement if the project involves unethical research or violates Malaysian regulatory frameworks.
  6. Force majeure events, including but not limited to natural disasters, government-imposed restrictions in Malaysia Kuala Lumpur, or public health emergencies, shall relieve both parties from performance obligations during the affected period.
  7. Disputes arising from this Quotation Estimate shall be resolved through mediation in Malaysia Kuala Lumpur in accordance with the Mediation Act 2012 of Malaysia. If mediation fails, disputes shall be referred to the courts of competent jurisdiction in Malaysia Kuala Lumpur.
  8. This Quotation Estimate does not constitute a binding contract until formally accepted in writing by both parties and a definitive Service Agreement is executed.
Note: This Quotation Estimate assumes standard working hours (Monday to Friday, 9:00 AM – 6:00 PM) in Malaysia Kuala Lumpur. Overtime or weekend engagement of the Mathematician will be billed at 1.5x the standard hourly rate. All rates are quoted in Malaysian Ringgit (MYR) and are inclusive of the Mathematician's professional expertise and standard software licensing.

By signing below, the client acknowledges and accepts the terms, conditions, and pricing outlined in this Quotation Estimate for the engagement of the Mathematician in Malaysia Kuala Lumpur.

For and on behalf of:
Apex Mathematical Consulting Sdn. Bhd.

Name: Dr. Ahmad bin Rashid
Designation: Chief Mathematician & Director
Date: _______________

Accepted by (Client):
[Client Company Name]

Name: _______________
Designation: _______________
Date: _______________

Apex Mathematical Consulting Sdn. Bhd. | Level 24, Menara Maxis, Jalan Tun Razak, 50400 Malaysia Kuala Lumpur

This Quotation Estimate (Ref: QTE-ML-2025-0487) is the property of Apex Mathematical Consulting Sdn. Bhd. and is intended solely for the named client. Unauthorised reproduction or distribution is prohibited.

Page 1 of 1 | Generated: 15 June 2025

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