_______________ [vendor name]
________________ [mention the designation of the recipient]
_______________ [name of the company of the vendor]
________________ [official address of the vendor]
Subject: Vendor termination Letter
Dear ____________ [vendor’s name]
I am writing this letter to inform you that we wish to terminate the contract no______________ signed on______________ (date of signing the contract); as we no longer require your services. We are extremely thankful to you for providing us with your high quality and on time delivery services. Unfortunately we have to take the services of ________________ (name of the company with which new contract is signed) because__________________ (write the reason behind the termination of the contract.
I would like to remind you that your contract with our company would be ending on______________ (write the date of contract termination).We are currently not in a position to renew it further. If you have any questions regarding the termination of the contract then you can contact us.
We had a successful business relationship for__________ (no of years the vendor has being a supplier) years long. I once again would like to thank you for your long service to our company.
___________________ [sender’s name]
___________________ [sender designation]
___________________ [sender company name]