Republic of the Philippines ~ WESTERN MINDANAO STATE UNIVERSITY ‘Normal Road, Baliwasan, Zamboanga City 7000 Tel. No. 991-1771 Fax No. (062) 992 - 4238 OFFICE OF THE PRESIDENT NOTICE OF AWARD October 19, 2015; Z.C. LM ENTERPRISES LDM Building, Pilar Street Zamboanga City Sir/Madam: This Is to advise you that your bid dated September 8, 2015 for PR-15-02-081: Public Bidding for the Supply and Delivery of 7 Airconditioner Unit for the College of Home Economics-Hostel of the University, with the following Contract Price is hereby accepted: = ad Anau nw Ta a Fig | So and FRR A TOTAL oNTRAGTPRCE | Pip 1046500 | One and or Thani nda RY Pos Oi You are hereby required to provide, within ten (10) days from receipt hereof, the Performance ‘Security/Performance Bond equivalent to the following: “Amount of Performance Seaurity Form of Performance Security (Equal 1 Percentage of the Total Contract Price) a) Gash or eashie?s/managers check issued By 6 Universal or Commercial Bank. Bank drafi/quarantee or revocable letter of credit eaued by a Universal Five percent (5%) ‘or Commercial Bank: Provided, however, that shall be confirmed or authenticated by a Universal or Commercial Bank, if sued by 2 foreign bank ©) Surety Bond callable upon demand ksued by a surety or insurance ‘company duly certified by the Insurance Commission as authorized to issue such security Any combination ofthe foregoing. ropartionate to share of form with respect tototal amount of security ‘Thirty porcent (30%) Failure to provide the Performance Security shall constitute sufficient ground for the cancellation. of the award and forfeiture of the Bid Security. Very truly yours, BEL ENRIQUEZ HO, RN., Ed.D. Predident p En une (Gianalire Gver Printed Name) pate:_!O-E- KT