NOTICE OF AWARD

March 25, 2014

ROMULYN M. ACERIT

Authorized Representative

Northern Asia Sales Corporation

Urdaneta City, Pangasinan

Dear Mr. Acerit:

We are happy to notify you that your bid, dated 06 January 2014, for the CY 2014 SUPPLY AND DELIVERY OF SEVENTY TWO (72) UNITS OF MINI FOUR (4) WHEEL TRACTOR with project reference/identification number IB No. DA RFO 1-2014-GOODS-019, for a Contract Price equivalent to:

DA’S COUNTERPART 85%(Php)	RECIPIENTS’ COUNTERPART15% (Php)	TOTALCONTRACT PRICE(Php)
54,921,600.00	9,693,000.00	64,614,600.00

as corrected and modified in accordance with the Instructions to Bidders, is he4reby accepted and awarded to you as the Single Calculated & Responsive Bid (SCRB).

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

Conforme:

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(Name of Bidder’s Representative)

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(Name of Bidder)                                                       

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(Date)