Dear Mr. Kalaw:

This is to advise you that upon the recommendation of the HGC Bids and Awards Committee, the contract for the engagement of a Consultant for the Development of Quality Management System (QMS) Certifiable to ISO 9001:2008 for the Home Guaranty Corporation is awarded to Development Academy of the Philippines for FOUR HUNDRED SEVENTY THOUSAND FOUR HUNDRED PESOS (P470,400.00).

Very truly yours,

ATTY. MANUEL R. SANCHEZ
President