Subject: Notice of Rejected Bid — [Project Name] [Your Name] [Your Position] [Your Company] [Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Position] [Recipient's Company] [Address] [City, State, ZIP] Re: Bid Reference: [Bid Reference Number] Project: [Project Name] Request for Bid: [Date of Bid Request] Dear [Recipient's Name], I hope this letter finds you in good health and high spirits. We would like to express our sincere gratitude for considering our bid for the [Project Name]. However, after careful evaluation, we regret to inform you that your bid has been rejected. We appreciate your interest in partnering with us on this project; nevertheless, after conducting a comprehensive review of all submitted bids, we have determined that your bid did not meet our specific requirements and expectations in several key areas. The primary reasons for the rejection of your bid are as follows: 1. Non-Compliance with Specifications: Your bid failed to adhere to the outlined specifications and requirements mentioned in the bid document. 2. Pricing Discrepancies: Our analysis revealed significant variations in cost estimates among the received bids. Unfortunately, your bid fell outside the budgetary constraints of this particular project. 3. Inadequate Experience or References: Upon reviewing your past projects and references, we found that your company's experience and track record did not align with our project's complexity and magnitude. While we acknowledge your efforts and appreciate the time and resources you dedicated to preparing your bid, we have had to make a difficult decision based on the best interests of our project and its successful completion. We understand the disappointment associated with not being awarded a bid, but we encourage you to continue pursuing future opportunities with our organization. Please note that, as per the terms and conditions outlined in the bid request, this rejection letter is the final decision, and no further negotiation or correspondence regarding this specific bid will be entertained. Lastly, we would like to express our appreciation for your interest in collaborating with our company. Should future projects arise that align more closely with your expertise and capabilities, we would welcome the opportunity to evaluate your proposals for consideration. Thank you again for your participation and interest. Yours sincerely, [Your Name] [Your Position] [Your Company]