NOTICE OF AWARD
January 25, 2016
Dear Mr. Chico,
We are happy to notify you that your bid dated 14 December 2015 for the execution of the Project, LOT 1: CY 2016 SUPPLY AND DELIVERY OF TWENTY-FIVE (25) UNITS PUMP AND ENGINE SET,withproject reference/identification number: DA RFO 1-2016-GOODS-129 as corrected and modified in accordance with the Instructions to Bidders, is hereby accepted and awarded to you, as the Single Calculated Responsive Bid (SCRB), at a Contract Price equivalent to:
ONE MILLION THREE HUNDRED SEVENTY-THREE THOUSAND FOUR HUNDRED TWENTY-FIVE PESOS (PHP1,373,425.00)
You are, therefore, required to enter into contract with us and to provide the performance security in the form and amount stipulated in the Instruction to Bidders within ten (10) calendar days from receipt of this notice. Failure to enter into the said contract or provide the performance security shall constitute a sufficient ground for the cancellation of this award and the forfeiture of your bid security.
Very truly yours,
VALENTINO C. PERDIDO, Ph.D.
OIC-Regional Executive Director