To,
The ________ (Concerned Department)
____________ (Name Of The Vendor),
____________ (Address)
Date: __/__/____ (Date)
Subject: Termination of contract
Sir/Madam,
I am ________ (Name) and I serve as __________ (Designation) to M/s _________ (Company Name) .
This letter is in reference to the mutual agreement signed between us bearing contract number _________ (mention contract number). It is to inform you that we are terminating the vendor contract signed between us. The contract was signed on __/__/_____ (date) and was to end on __/__/____ (date). As per the recent decision the reason behind the termination is _________________ (mention reason behind termination – high price/poor service).
We had a good business relationship with you and wish to do business in the coming future. In this regard, you may reach us at _______ (mention contact number).
For,
Company Name,
____________ (Signature),
____________ (Name),
____________ (Address)
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