Bidding Regret Letter

April 21, 2006

Engr. Bhong Go
JCMER Construction Firm
Malanday St. Makati City

Dear Engr. Go:

We regret to say that the quotation breakdown you submitted have the lowest bud for Merecel House Model. I hope for your understanding regarding this matter.

We will send you other project for bidding so that you will have again the chance to win to our bidding. I hope to do business with for some other time.Thanks and more power.

Sincerely yours,

Engr. Ruel de Vega