Novelexploration Technologies Private Limited, operating under the brand NovelX Technologies, is a custom software development company based in Marthandam, Tamil Nadu, with over six years of experience delivering ERP systems, FinTech platforms, mobile applications, and enterprise software solutions. We specialise in building scalable, secure, and user-centric digital products tailored to the specific operational needs of our clients.
We are pleased to present this proposal for the development of a Student Management Application. This proposal outlines our understanding of the project requirements, the scope of work, development approach, project deliverables, commercial terms, and the terms and conditions governing this engagement. NovelX Technologies is committed to delivering a scalable, and production-ready Student Management Application within the agreed timeline and budget.
The Academy Admin CRM is a centralized web-based management system designed to streamline the daily administrative and financial operations of an educational institution or training academy. The system will provide administrators with a single platform to manage students, staff, attendance, fees, expenses, and financial transactions while generating accurate reports and insights.
The primary objective is to reduce manual work, improve operational efficiency, maintain accurate records, and provide real-time visibility into the academy's academic and financial performance.
| # | Deliverable |
|---|
| Component | Details |
|---|---|
| Project Name | Student Management Application |
| Engagement Model | Fixed-Price Project |
| Total Project Cost | ₹ 65,000 + GST |
| GST | As applicable (18%) |
| Expense Category | Type | Estimated Cost |
|---|
After the completion of the complimentary 3-month post-deployment support period, the client may opt for an Annual Maintenance Contract (AMC) to continue receiving bug fix support, performance monitoring, and technical assistance.
New feature development, major enhancements, third-party integrations, and change requests beyond the original scope will be billed separately with a revised quotation.
| AMC Cost | 30% + GST of Total Project Cost per annum |
This proposal covers only the scope of work defined in Section 3. Any requirements outside this scope shall be treated as Change Requests (CR).
If a CR is raised for a module or task already approved by the client, the additional work will extend the project timeline for that module accordingly. As NovelX Technologies engages as a Technology Partner on fixed-price projects, such CRs will be assessed for timeline impact and billed separately at a mutually agreed rate – a standalone re-quotation will not be issued for the entire project.
Payments are milestone-based as defined in Section 5. 100% of each milestone payment must be received in advance before the corresponding phase commences.
Any delay in payment will result in the corresponding project phase being paused until the outstanding payment is received. NovelX Technologies will not be liable for resulting delivery delays.
If any payment remains unpaid for more than 30 days after the milestone is due, NovelX Technologies reserves the right to halt all project activities.
The project timeline will be shared in a separate Project Plan document after scope sign-off and initiation payment is received.
The overall timeline is dependent on timely approvals, asset delivery (logos, content, access credentials), and prompt milestone payments from the client. Delays on any of these fronts will extend the delivery schedule accordingly.
Delays caused by third-party services (registrations, API approvals, hosting providers, etc.) are beyond NovelX Technologies' control and will not be counted against the project delivery timeline.
The client shall provide all required project assets (branding, content, access credentials) on time via registered email.
The client shall be responsible for purchasing and maintaining all required third-party services (domain, hosting/server, SMS gateway, payment gateway, etc.). NovelX Technologies will provide guidance and handle integration, but third-party costs are not included in the project price.
The client must ensure a designated point of contact is available for timely feedback and approvals throughout the project.
If there is no response or communication from the client for a period of 3 consecutive months during active development, NovelX Technologies reserves the right to formally deliver the source code developed up to that stage and close the project.
Each development phase will be reviewed and approved by the client before proceeding to the next. Approval shall be considered given if no written objections are raised within the review window communicated by the project manager.
After deployment, if any bugs are identified within the approved scope, NovelX Technologies will work to resolve them within the 3-month free support period. Resolution timelines depend on the complexity of the issue.
Upon receipt of full and final payment, ownership of the custom application code developed specifically for this project transfers to the client, excluding any pre-existing NovelX Technologies frameworks, libraries, or proprietary tools used in the build, which remain the property of NovelX Technologies.
Providing the complete source code to the client is chargeable and will be agreed upon separately.
All project information and business data shared by the client shall be kept strictly confidential by NovelX Technologies and not disclosed to any third party without written consent.
All project communication shall be conducted through registered email addresses shared between both parties.
NovelX Technologies reserves the right to reference the client's company name, logo, and the project name in its official company portfolio, website, marketing materials, case studies, and client showcase listings for the purpose of demonstrating its development capabilities and past work.
NovelX Technologies will not disclose any confidential business data, proprietary workflows, or internal operational details of the client as part of any portfolio reference. Only the project name, nature of the platform, and general technology highlights may be shared.
The client may request exclusion from NovelX Technologies' portfolio in writing; NovelX Technologies will honour such requests within 30 days of receipt.
NovelX Technologies will implement foundational security features as part of the standard development scope. These measures provide a reasonable level of security for day-to-day platform operations. Advanced or enterprise-grade cybersecurity measures – such as penetration testing, vulnerability assessments, SOC monitoring, threat detection, or regulatory compliance auditing – are outside the scope of this proposal. If the client requires enhanced cybersecurity coverage, NovelX Technologies can provide a separate Cybersecurity Services Proposal upon request, covering the specific protections and compliance requirements needed.
NovelX Technologies shall not be held liable for any security breaches, data loss, or unauthorized access that occurs as a result of the client's hosting environment, third-party service vulnerabilities, or any infrastructure not directly under NovelX Technologies' development scope.
NovelX Technologies provides 3 months of free post-deployment support covering bugs within the approved scope.
Issues arising from server failures, third-party service disruptions, or downtime are not covered under the free support period.
Beyond 3 months, support is available under the AMC arrangement (Section 6) or a new support agreement.
No refunds will be issued once any phase of development has commenced (including documentation, UI design, frontend, backend, database setup, or testing). The client acknowledges this policy upon project initiation.
NovelX Technologies shall not be liable for delays caused by events beyond its reasonable control, including natural disasters, government action, internet/power outages, or third-party service failures. Affected timelines will be adjusted accordingly.
Either party may terminate the engagement with 30 days written notice via registered email.
If the client terminates the project, payments made for completed milestones are non-refundable. Work completed to date will be formally delivered to the client.
If the client discontinues and later wishes to restart, the project will be treated as a new engagement with a revised quotation based on updated scope and resource availability.
By proceeding with this engagement, the client confirms acceptance of the above terms and conditions, which together with the Scope of Work and Pricing Schedule constitute the formal agreement between the client and Novelexploration Technologies Private Limited (NovelX Technologies).
By signing below, the authorised representative of the client confirms that they have read, understood, and agree to the Scope of Work, Commercial Proposal, and Terms & Conditions set forth in this document. This signed proposal shall serve as the formal agreement between the client and Novelexploration Technologies Private Limited (NovelX Technologies).
| For the Client | For NovelX Technologies |
|---|---|
| Authorised Signatory: | Authorised Signatory: Anish Chandran |
| Name: | Name: Anish Chandran |
| Designation: | Designation: CEO & Managing Director |
| Date: | Date: |