July 6, 2010

MR. LOWELL M. CURATO
Managing Director
RADTELCOM Technologies Corporation
No. 63 R. Castillo St.,
Agdao, Davao City
Telephone No. 221-5908, 294-5134

Dear Mr. Curato:

We are happy to notify you that your Bid dated June 16, 2010 for Supply and Delivery of 37 sets Desktop Computers (Package 7) for the Contract Price of equivalent to One Million Nine Hundred Seventy Thousand Two Hundred Fifty Pesos Only (P1,970,250.00), which was approved for award per DCWD Board Resolution No. 10-240 dated July 3, 2010 is hereby accepted.

You are hereby required to provide within ten (10) days the performance security in the form of manager’s check, cashier’s check or irrevocable letter of credit amounting to Ninety Eight Thousand Five Hundred Twelve Pesos & 50/100 (P 98,512.50) or a Surety Bond callable upon demand issued by a Surety or Insurance Company duly certified by the Insurance Commission as authorized to issue such security amounting to Five Hundred Ninety One Thousand Seventy Five Pesos Only (P591,075.00) as 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.

Very truly yours,

RODORA N. GAMBOA
General Manager

Conforme:

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(SIGNATURE OVER PRINTED NAME)

Date:________________