Bid
Notices and Invitations
NOTICE OF AWARD
June 20, 2012
MR. JAIME C. DEL ROSARIO
President
KServico Trade Inc.
111 12th Ave., Brgy. Socorro
Cubao, Quezon City
Dear Mr. Del Rosario:
We are happy to notify you that the contract “Supply and Installation of Airconditioning Unit” is hereby awarded to you as the Bidder with the Lowest Calculated Responsive Bid at a Contract Price equivalent to Eight Hundred Fourteen Thousand Four Hundred Eight Pesos (Php 814,408.00).
You are therefore required, within ten (10) days from the receipt of this Notice of Award, to formally enter into contract with us, and to submit the Performance Security in the form and the amount stipulated in the Instructions to Bidders. Failure to enter into the said contract or provide the Performance Security shall constitute a sufficient ground of cancellation of this award and forfeiture of your Bid Security.
Very truly yours,
DR. EMANUEL C. DE GUZMAN
President
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