BIDS AND AWARDS COMMITTEE

NOTICE OF AWARD

MR. JESSIE K. SIMEON

Owner/Manager

J. Simeon Construction

174 McArthur Highway,

Marulas, Valenzuela City

Dear Mr. Simeon:

You are hereby notified that the Improvement of Tagalag Road, Valenzuela City  with Contract Reference No. 010-RD/DR-TAGALAG-INFRA-2014has been awardedto your company  with a complying Bid at a Contract Price Equivalent to TWENTY THREE MILLION ONE HUNDRED NINETY EIGHT THOUSAND ONE HUNDRED FIVE PESOS & 96/100 (Php 23,198,105.96).

You are therefore required, within ten (10) days from the receipt of this Notice of Award to formally enter into contract with us, and to submit the Performance Security in the form and the amount stipulated in the instruction to Bidders.  Failure to enter into the said contract or provide the Performance Security shall constitute a sufficient ground for cancellation of this award and forfeiture of your Bid Security.

Very truly yours,

REX Gatchalian

City Mayor

Conforme:

JESSIE K. SIMEON

Owner/ Manager

J. SIMEON CONSTRUCTION

Date:  __________________