Thank you for providing ABC Co. with your bid for {Project Name}. You were our first choice for this project, as we have always admired your work. We were especially interested in the {other projects} you were responsible for, as they are the kind of sleek, modern designs we're most excited about.
Unfortunately, your bid came in at {amount} more than we are able to budget for. We looked through the costs for materials, design, and labor, and we understand that this number is not excessive or arbitrary. However, we would like to open the door to negotiate around some of the less essential elements of the project in the hopes that we can still make a partnership work.
Please let us know if this is something you are willing and authorized to do, and we'll set up a meeting. Thank you for your time and consideration.
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