[Your Name] [Your Address] [City, State, ZIP Code] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Position] [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 formally notify you regarding the rejection of your bid for the project titled [Project Name] that was published on [Publication Date]. After careful consideration and evaluation of all submitted bids, we regret to inform you that your bid has been rejected. We appreciate the time and effort you invested in preparing your bid and understand your interest in acquiring this contract. However, upon thorough review, we have determined that your bid does not meet our requirements and criteria outlined in the request for proposal (RFP). Despite your bid not being selected for this project, we want to express our admiration for the quality of your work and the reputation of your company. Please note that our decision was not a reflection of the capabilities or competence of your team. Instead, it was based on factors such as cost competitiveness, technical expertise, past performance, and our evaluation criteria as mentioned in the RFP. We assure you that your bid was treated fairly, and our decision was made after a diligent and impartial evaluation process. While we are unable to provide specific details regarding the reasons for the rejection, we encourage you to continue participating in our future bidding processes as we believe your company has the potential to flourish in future projects. Thank you once again for your participation and interest in bidding on this project. We greatly value your contribution to our industry and appreciate your understanding in this matter. If you have any further questions or concerns, please do not hesitate to contact me directly at [Your Phone Number] or via email at [Your Email Address]. Wishing you continued success in your future endeavors. Sincerely, [Your Name] [Your Position] [Your Company Name]