September 05, 2016

Dear Mr. Rabelas:

This is to advise you that upon the recommendation of the HGC Bids and Awards Committee, the contract of appraisal services for the valuation of Imperial Homes Asset Pool Properties is awarded to LINEAGE VALUATION AND ALLIED SERVICES CORPORATION for Three Hundred Forty Eight Thousand Pesos Only (P 348,000.00) inclusive of VAT.

Very truly yours,

CORAZON G. CORPUZ
Officer-in-Charge