Termination Of Vendor Contract Letter Sample

Are you in need of a Termination Of Vendor Contract Letter Sample? Look no further! Below, you will find an example of a letter that can be used to terminate a vendor contract. Feel free to modify it to suit your specific needs.

Reasons for Termination of Vendor Contract

There are several reasons why a company may need to terminate a vendor contract. Some common pain points for termination include:

• Poor quality of products or services
• Consistent failure to meet deadlines
• Violation of contract terms
• Changes in business needs or circumstances

Example of Termination Of Vendor Contract Letter Sample:

Dear [Recipient’s Name],

I am writing to inform you that we have decided to terminate our vendor contract with your company, effective [termination date]. This decision was made due to [reasons for termination].

We appreciate the services that your company has provided in the past, but unfortunately, we feel that it is in the best interest of our organization to seek services elsewhere moving forward.

Please consider this letter as formal notice of termination of our contract. We expect all outstanding invoices to be settled by [deadline for payment].

Should you have any questions or require further information, please do not hesitate to contact me at [contact information].

Sincerely,

[Your Name]