MARCH 19, 2013
Notice of Award

12 March 2013

Mr. Teddy J. Tagarda
Operations Manager
VV SECURITY AGENCY, INC.
Door 8, Sheridan Bldg. Calamansi Drive
Carmen, Cagayan de Oro City

Dear Mr. Tagarda:

We are happy to inform you that your Bid dated 4 March 2013 for the execution of the CONTRACT for Security Services, for the contract price equivalent to THREE HUNDRED TWENTY FIVE THOUSAND FOUR HUNDRED TWENTY FOUR PESOS and 25/100 CENTAVOS (Php 325,424.25) is hereby accepted.

You are therefore required to provide within ten (10) calendar days the Performance Security in the form and the amount stipulated in the instructions to Bidders. Failure to provide the performance security shall constitute sufficient ground for cancellation of the award and forfeiture of the bid security.

Thank you very much.

Very truly yours,

Sgd.
TEODORO D. BUENAVISTA, JR.
Regional Director

CONFORME:

Sgd.
TEDDY TAGARDA

Date: March 13, 2013