Date: [Insert Date]

To,

The Procurement Officer,
[Name of the Procuring Organization],
[Address of the Procuring Organization],
[City, State, PIN Code].

Subject: Lowest Price Declaration for Bid Number [Bid Number]

Dear Sir/Madam,

We, [Your Company Name], located at [Your Company Address], are submitting this Lowest Price Declaration in relation to Bid Number [Bid Number].

We confirm that the price we have quoted in our bid is the lowest among all the bids received for this tender. We assure you that the quoted price is the most competitive and reflects the best possible offer for the products/services specified.

We further declare that:

1. Pricing Assurance: The quoted price is valid for the entire duration of the contract and no additional charges will be imposed.
2. Competitive Pricing: The price quoted is not exceeding the price offered to any other client for similar products/services under comparable terms and conditions.
3. Price Integrity: No hidden costs or charges are associated with the quoted price. All potential costs are included in the bid.

We are committed to delivering the best value for the procurement and ensuring that our pricing remains transparent and competitive. Should there be any discrepancies or further clarifications required regarding our pricing, we are available to provide additional details.

Thank you for considering our bid. We look forward to the opportunity to serve you with our competitive pricing.
 

Yours faithfully,

[Signature]
[Name of the Authorized Signatory]
[Designation]
[Your Company Name]
[Contact Number]
[Email Address]