NOTICE OF AWARD

16 April 2014

LITO M. ARENAS

Proprietor

Lito M. Arenas Trading

San Vicente, McArthur Highway

Urdaneta City, Pangasinan

Dear Mr. Arenas:

We are happy to notify you that your bid, dated 8 January 2014, for the RE-BIDDING OF CY 2014 SUPPLY AND DELIVERY OF FIVE THOUSAND THREE HUNDRED (5,300) BAGS CALCIUM NITRATE AND ONE THOUSAND ONE HUNDRED SIXTY-SIX (1,166) BAGS POTASSIUM NITRATE,with project reference/identification number ITB No. DA RFO 1-2014-GOODS-009-R, for a Contract Price equivalent to:

EIGHT MILLION THREE HUNDRED EIGHTY-ONE THOUSAND SIX HUNDRED FIFTY-EIGHT PESOS AND FIFTY CENTAVOS (PHP8,381,658.50)

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