[Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Position] [Company's Name] [Company's Address] [City, State, ZIP] Subject: Notice of Rejected Bid Dear [Recipient's Name], I hope this letter finds you well. I am writing to inform you that after careful consideration, we have decided to reject your bid for [Project/Service Name]. Although we appreciate the time and effort you invested in submitting your bid, we regret to inform you that we have chosen a different vendor for this project. Our decision was based on several factors, including but not limited to: 1. Competitiveness: We received multiple bids from various vendors, and after evaluating them against our requirements and budget constraints, we concluded that another bid offered a more competitive proposal in terms of cost and quality. 2. Expertise and Experience: The chosen vendor demonstrated extensive expertise and relevant experience in delivering similar projects successfully. Based on their proven track record, it aligned more closely with our project's specific needs and objectives. 3. Compliance with Specifications: While your bid displayed certain strengths and capabilities, we found that it did not fully meet the detailed specifications outlined in our request for proposal (RFP). The selected vendor's bid offered a more comprehensive solution that aligned seamlessly with our requirements. Please understand that this decision was not made lightly, and we recognize the value of your professional services. We appreciate the time and effort you dedicated to the bidding process and want to assure you that your bid was given due consideration as per our evaluation criteria. We encourage you to continue participating in our future bidding processes and explore other opportunities where your expertise may be a better fit. Furthermore, we believe in fostering strong relationships within the industry and wish to collaborate with you in the future. Thank you for your understanding, and we appreciate your efforts to date. Should you require any further clarification or have any questions regarding the evaluation process, please do not hesitate to reach out to us. Yours sincerely, [Your Name] [Your Position] [Your Company Name]