Subject: Notice of Rejected Bid — [Project Name] [Your Name] [Your Address] [City, State, ZIP Code] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Company] [Address] [City, State, ZIP Code] Dear [Recipient's Name], I hope this letter finds you well. I am writing to inform you that after careful evaluation and consideration of all submitted bids for the [Project Name], your bid with reference number [Bid Number] has unfortunately been rejected. I would like to express our gratitude for your interest and effort in participating in the bidding process. Your bid demonstrated your competence, expertise, and dedication, which made our decision a challenging one. However, we regret to inform you that your bid did not meet the requirements and criteria outlined in our bid specifications. We understand that bid rejection may be disheartening, particularly after investing significant time and resources into the preparation of your submission. However, please note that our decision was solely based on the evaluation of the bids according to the project's specific needs, technical aspects, budget consideration, and evaluation criteria that were set forth in the bidding documents. While we understand your disappointment, we strongly encourage you to continue seeking opportunities to collaborate with us, as your capabilities and experience are highly regarded. We anticipate future projects where your expertise and professionalism may align more closely with our requirements. Please remember that this decision does not reflect on your company's competence and reputation. However, due to the competitive nature of the bidding process, we were compelled to select the bid that best fulfilled our project's specific requirements. Thank you again for your time and effort in submitting your bid. We genuinely appreciate your interest in working with us and hope for future opportunities to establish a business relationship. Should you require any feedback or have any questions regarding the evaluation process, we would be more than willing to provide you with further information. Please accept our best wishes for your ongoing success, and we look forward to the possibility of collaborating with you on future projects. Warm regards, [Your Name] [Your Title/Position] [Your Company Name]