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CUMPIO
ENGINEERING SERVICES
Attention
Subject :
Dear Sir;
Pertaining to your requirement, we are pleased to submit herewith our proposal for the above subject as
stated hereunder:
I.
Scope of Works:
Supply of the following; Design, Engineering, Material, Labor, Fabrication, Installation & Supervision
for the 20000 Gals Water Tank.
II.
Price:
Our Price for the above scope of work is Two Million Six Hundred Fifty Thousand Pesos Only (P
2,650,000.00) inclusive of Vat
III.
Terms of Payment:
Due to the volatility of material with would like to ask for a 40-% Down payment with 5-% Retention
upon completion & turnover, balance will be on a bi-monthly percentage progress billing, to be
release 5-Days upon receipt of the percentage billing.
IV.
Completion:
The whole endeavour could be completed within (75) Seventy Calendar Days upon receipt of the
down payment and notice to proceed (NTP)
V.
Our offer is valid up to December 15, 2014 after which is subject to our confirmation & approval.
A.B. CUMPIO
ENGINEERING SERVICES
VI.
Trusting that everything is in order & we hope to serve your requirements the soonest.
ANTONIO B. CUMPIO
Manager