[Your Name] [Your Address] [City, State, ZIP Code] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Position] [Company Name] [Company Address] [City, State, ZIP Code] Subject: Notice of Rejected Bid — [Project Name/Number] Dear [Recipient's Name], I hope this letter finds you in good health. I am writing to formally inform you that we have thoroughly reviewed the bids received for the [Project Name/Number] and regret to inform you that your bid has been rejected. After careful evaluation and consideration, we have decided to award the project to another bidder whose proposal better aligns with the requirements and objectives set forth in the request for proposal (RFP). Although your bid was competitive and met several key criteria, it did not fully meet our specific needs and expectations. We commend the effort and time you invested in preparing your bid. We recognize the expertise and capabilities your company possesses; however, after a comprehensive evaluation process, we believe that the selected bidder's proposal best meets our current project requirements. It is essential to note that the decision to reject your bid was not a reflection of your company's overall capabilities or reputation. We encourage you to continue participating in future bidding opportunities, as your company's expertise and experience may prove highly valuable in different projects that align more closely with your strengths. We appreciate your understanding and cooperation regarding this matter. Should you require more specific feedback on why your bid was not selected, we would be happy to provide you with a debriefing session or additional information to help you enhance future bids. Again, we sincerely appreciate your participation in our bidding process, and we look forward to the possibility of working together on future projects that suit your company's strengths and capabilities. Thank you for your time and effort. Sincerely, [Your Name] [Your Position] [Your Company Name]