NOTICE OF AWARD

25 March 2014

ROLANDO V. RAMIREZ

Authorized Representative

Grainpro Philippines, Inc.

Subic Bay Freeport Zone

Olongapo City, Zambales

Dear Mr. Ramirez:

We are happy to notify you that your bid, dated 23 December 2013, for CY 2014 SUPPLY AND DELIVERY OF TWO HUNDRED FIFTY (250) UNITS COLLAPSIBLE DRYER CASE,with project reference/identification number ITB No. DA RFO 1-2014-GOODS-018, for a Contract Price equivalent to:

SIX MILLION TWO HUNDRED FOUR THOUSAND PESOS (PHP6,204,000.00)

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).

You are, therefore, required to enter into a 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

Conforme:

________________________________

(Name of Bidder’s Representative)

________________________________

(Name of Bidder)                                                       

_________________

(Date)