[Your Name] [Your Address] [City, State, Zip Code] [Email Address] [Phone Number] [Date] [Recipient's Name] [Company Name] [Address] [City, State, Zip Code] Subject: Notice of Rejected Bid Dear [Recipient's Name], I hope this letter finds you well. I am writing to inform you that your bid for the project [Project Name] has been evaluated and regrettably, we have decided to reject your bid. We would like to express our appreciation for your interest and effort in submitting your bid for this project. However, after careful consideration and assessment, we have concluded that your bid does not meet the specific requirements outlined in the Request for Proposal (RFP). Analyzing bids entails a rigorous scrutiny of various factors, from cost-effectiveness to technical expertise, timelines, and compliance with the project's specifications. Although your bid showed promising attributes in certain areas, it fell short in meeting our overall objectives and expectations. We understand that this news may be disappointing, but please be assured that we value your business and encourage you to participate in future bidding opportunities with our organization. We genuinely believe that there may be other suitable projects where your skills and expertise align more closely with our requirements. While we are unable to provide detailed feedback about your bid at this time, we would be happy to arrange a meeting or call to discuss general areas of improvement, should you wish to receive constructive feedback for future bidding endeavors. Once again, we appreciate your participation in this process and extend our gratitude for your interest. We trust that our decision will not deter you from engaging in future business opportunities with our organization. Thank you for your understanding. Yours sincerely, [Your Name]