[Your Name] [Your Address] [City, State, ZIP Code] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's 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 officially notify you that your bid, received on [Bid Submission Date], for the [Project Name] has been thoroughly reviewed, but unfortunately, we are unable to accept it at this time. After evaluating all proposals carefully, we regret to inform you that your bid did not meet the various criteria outlined in the invitation for bid documents. Our decision was based on several factors, including but not limited to: 1. Inadequate Experience and Qualifications: We found that the bidder's experience and qualifications in similar projects were insufficient to meet our specific requirements. 2. Noncompliance with Technical Specifications: The bid did not align with the technical specifications outlined in the invitation for bid, which is crucial for successful execution and completion of the project. 3. Lack of Competitive Pricing: Your bid failed to offer a competitive pricing structure concerning the scope of work outlined in the bid document. Please note that this decision was not made lightly. Our review committee carried out a comprehensive and impartial assessment to ensure fairness to all bidders involved. We genuinely appreciate the effort and time you put into the preparation of your bid. However, due to the reasons stated above, we are unable to proceed with your proposal. In the event that you wish to obtain feedback regarding your bid, we would be more than willing to schedule a consultation to discuss our evaluation and provide you with additional insights. This feedback may assist you in improving future bids or revising your proposal for potential reconsideration in any upcoming opportunities. Once again, we extend our gratitude for your interest in working with [Your Company/Organization]. We value the importance of fostering constructive relationships with all vendors, and we hope to have the opportunity to collaborate on future projects. Should you have any questions or require further clarification, please do not hesitate to contact me at [Phone Number] or [Email Address]. I will be happy to address any concerns you may have. Thank you for your understanding. We wish you the best in your future endeavors. Sincerely, [Your Name] [Your Position] [Your Company/Organization] Types of the Virgin Islands Sample Letter for Notice of Rejected Bid: 1. Virgin Islands Sample Letter for Notice of Rejected Bid — Construction Project: This letter specifically addresses bid rejections related to construction projects within the Virgin Islands. 2. Virgin Islands Sample Letter for Notice of Rejected Bid — Supply Chain: This letter focuses on bid rejections related to suppliers and vendors in the Virgin Islands. 3. Virgin Islands Sample Letter for Notice of Rejected Bid — Services: This letter pertains to bid rejections related to service-based contracts or projects in the Virgin Islands.