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November 8, 2017

Jane Theresa G. Tabalingcos


BAC Chairperson
John Hay Management Corporation

Dear Madame,

Good Day to you and your office. This is in connection with our bid for the
Rehabilitation of the Bell House (Phase 1)). We would like to signify our intention to
withdraw from the said bidding. This is because based on our quotation, the Approved
Budget for the Contract is insufficient for the given bill of quantities and technical design.
However, should there be a failure in the bidding and revisions for the above mentioned
project, or should there be other projects undertaken by the John Hay Management
Corporation, we would like to partake in the future biddings. Thank You.

Sincerely Yours,

Glenliel Flores
Vice President

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