This is to notify you that, it is our intention to award the contract for execution of Resurfacing of Tongshana VVIP Road to M/s Biky Construction Pvt. Ltd., Wangdue at your quoted Price of Nu. 6,233,197.50 (Nu. Six Million Two Hundred Thirty Three Thousand One Hundred Ninety Seven & Ch. Five Zero) only in accordance with the Instructions to Bidders.