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Standard Form Number: SF-GOOD-49 Revised on: May 24, 2004

Page 1 of 2 Republic of the Philippines

BULACAN STATE UNIVERSITY City of Malolos, Bulacan

OFFICE OF THE PRESIDENT

NOTICE OF AWARD

January 20, 2023

Mr. JOHN DUANE I. BARCELON Authorized Representative

WISERF TECHNOLOGIES, INC.

Unit 2410 Medical Plaza Building, San Miguel Ave., Ortigas Center, Pasig City

Dear Mr. Espinosa:

We are happy to notify you that your Bid for the “Supply, Delivery and Installation of RFID components and devices for BulSU E-library (G-2022-34), for the Contract Price ofEight Million Forty-Four Thousand Six Hundred Pesos ( 8,044,600.00), as corrected and modified in accordance with the Instructions to Bidders, is hereby accepted.

You are hereby required to provide within ten (10) calendar days the performance security in any of the following acceptable forms, and to formally enter into a contract with the Bulacan State University:

Form of Performance Security

Amount of Performance Security (Equal to Percentage of the total contract price)

a. Cash or cashier’s/manager’s check issued by a Universal or Commercial Bank.

₱ 402,230.00 (5%) b. Bank draft/guarantee or irrevocable letter

of credit issued by a Universal or Commercial Bank: Provided, however, That it shall be confirmed or authenticated by a Universal or Commercial Bank, if issued by a foreign bank.

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