NOTICE OF AWARD

We are happy to notify you that your offer under Bid No. T-142-2011 dated October 31, 2011for the delivery of Various Sound/Audio System for the use in thye Revamp of the Freedom Park Stage and Upgrading of its Sound System, Province of Negros Oriental to the contract price of equivalent to: P1,395,825.00 corrected and modified in accordance with the instruction to bidders is hereby accepted.

You are hereby required to provide within ten (10) days the performance security in the form and amount stipulated in the instruction to bidders. Failure to provide the performace security shall constitute sufficient ground for cancellation of the award and forfeiture of the bid security.

 

Very truly yours,

 

ROEL R. DEGAMO

 

Name of Bidder: JVS AUDIO SYSTEM

Date: November 29,2011