[Your Name] [Your Company] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Vendor's Name] [Vendor's Company] [Vendor's Address] [City, State, ZIP] Subject: Notice of Rejected Bid: [Project Name] Dear [Vendor's Name], I hope this letter finds you well. I am writing to inform you of our decision regarding the bid submission for [Project Name]. Regrettably, after a thorough evaluation and comparison of all received bids, we have to inform you that your bid has been rejected. Please note that our decision was made after careful consideration of multiple factors, including price competitiveness, demonstrated capabilities, past performance, and compliance with our bid requirements. While we appreciate the effort and time you have invested in preparing your bid, we have decided to proceed with a different vendor whose bid better aligns with our project objectives. We would like to express our sincere gratitude for your interest in bidding for this project. Your proposal showcased several commendable aspects; however, after a comprehensive evaluation, we determined that it does not meet our specific project requirements. Should you require further feedback on your bid or suggestions for improvement, please do not hesitate to contact us. While we cannot disclose proprietary information or disclose the exact details of the winning bid, we may be able to provide some general insights that could assist you in future bidding opportunities. We appreciate your understanding and cooperation in this matter. We encourage you to continue pursuing opportunities with our organization in the future. Thank you again for your time and effort. Sincerely, [Your Name] [Your Title] [Your Company]