[Your Name] [Your Address] [City, State, ZIP Code] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Company] [Recipient's Address] [City, State, ZIP Code] Subject: Notice of Rejected Bid for [Project Name/Number] Dear [Recipient's Name], I hope this letter finds you well. I am writing to inform you that after careful consideration, we regret to inform you that your bid for the [Project Name/Number] has been rejected. We greatly appreciate the time and effort you put into preparing and submitting your bid. However, upon thorough evaluation and review of all bids received, we have ultimately chosen another bid that meets our specific requirements and objectives. While your bid demonstrated commendable qualities, unfortunately, there were certain aspects that did not align with our project's needs, key criteria, or budget limitations. We would like to emphasize that this decision was made purely on a competitive basis and does not reflect any perceived lack of professionalism or capability on your part. We believe in fair and transparent bidding processes, and your participation is highly valued. Furthermore, we encourage you to continue submitting bids for our future projects, as your expertise and credentials are compelling. Furthermore, we also suggest noting our feedback and taking it into consideration to enhance your future bidding strategies. Please note that we are legally and ethically bound to maintain strict confidentiality regarding the details of the bids received and the specific reasons for rejection. Therefore, we apologize for not being able to provide you with further details or feedback on your bid in this correspondence. However, we assure you that your bid was given fair consideration in line with our evaluation criteria. We understand that such news can be disappointing, but we genuinely appreciate your interest in working with us. We genuinely hope that our paths may cross again in the future on other projects that might better suit your expertise. Once again, we sincerely thank you for your efforts and the time invested in submitting your bid for the [Project Name/Number]. Should you have any questions or require further clarification, please do not hesitate to reach out to us. We are more than willing to engage in a constructive discussion if needed. Best regards, [Your Name]