[Your Name] [Your Address] [City, State, Zip Code] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Position] [Company/Organization Name] [Address] [City, State, Zip Code] Subject: Notice of Rejected Bid for [Project Name] Dear [Recipient's Name], I hope this letter finds you well. I am writing to formally inform you that after careful evaluation and consideration of all submitted bids, we regret to inform you that your bid for the [Project Name] has been rejected. The selection process involved a comprehensive analysis of various factors such as cost-effectiveness, quality assurance measures, timeliness, and overall suitability for the project requirements. Although your bid demonstrated certain strengths, we have decided to move forward with an alternative bid that better aligns with our specific project objectives. We sincerely appreciate the time and effort you invested in preparing and submitting your bid. Please be aware that our decision was not taken lightly, and it was based solely on the evaluation criteria outlined in the bid request. Your proposal did exhibit several commendable attributes, but ultimately, we had to make a selection that best suited our project's unique objectives and constraints. It is important to mention that the bidding process was highly competitive, and we received several excellent proposals. Although your bid was not ultimately selected, we encourage you to continue participating in future bid solicitations, as your expertise and capabilities are highly regarded within the industry. We value your business and take pride in maintaining relationships with reputable companies such as yours. We hope that you understand that our decision was solely driven by the specific requirements of this project. Please do not hesitate to contact us if you have any questions or would like further feedback regarding your bid. Once again, we appreciate your interest in working with us and hope for the possibility of future collaborations. We thank you for your understanding and look forward to our continued professional relationship. Best regards, [Your Name] [Your Position] [Your Company/Organization Name]