Bids and Awards

BAC-JV-MARULAS PUBLIC MARKET

NOTICE OF AWARD

MEGABUILD JPG DEVELOPMENT, INC.



Sir/Madam:


We are happy to notify you that the BAC-JV( NOTICE OF AWARD TO MEGABUILD) is hereby awarded to you as the Calculated and Responsive Bidder at a contract price equivalent to P44,590,000.00.

You are therefore required, within ten (10) days from the receipt of this Notice of Award to formally enter into a contract with us. Failure to enter into the said contract shall constitute a sufficient ground for the cancellation of this award and forfeiture of your bid security.

Very truly yours,


REXLON T. GATCHALIAN
City Mayor