![]() The Client shall have no authority to relieve the Contractor of any of his obligations under the Contract/ Letter of Acceptance, except as expressly stated in the Contract.b) The Contractor shall proceed with the decisions, instructions or approvals given by the Client in accordance with these Conditions.c) The Client shall conform to all the relevant clauses of this Bidding Documents to carry out all responsibilities assigned thereto in a timely manner. The Clienta) The Client shall only carry out such duties and exercise such authority as specified in the Contract/ Letter of Acceptance. WaiverFailure of either party to insist upon strict performance of the obligations of the other party, under the Contract/ Letter of Acceptance, shall in no way be deemed or construed to affect in any way the right of that party to require such performance. The Client shall only carry out such duties and exercise such authority as specified in the Contract/ Letter of Acceptance. The Client shall have no authority to relieve the Contractor of any of his obligations under the Contract/ Letter of Acceptance, except as expressly stated in the Contract. The Contract shall take effect from and end on the date specified in the Contract Letter unless terminated earlier. These elements ensure that the termination is on cordial terms, and hence promotes the business relationship further.Examples of Contract Letter in a sentenceįailure of either party to insist upon strict performance of the obligations of the other party, under the Contract/ Letter of Acceptance, shall in no way be deemed or construed to affect in any way the right of that party to require such performance.Ĭontract Letter A letter to the successful Bidder(s) indicating acceptance of its Bid in response to a solicitation. State if there are services or money owed by either of the party and how they should be handled.Ĭonsider using the sample letter below to help you draft a cancellation letter and put all the relevant elements. In the case of outstanding payments, you can request a final bill or enclose payment. ![]() You can choose to include the reason for termination or state facts depending on the business agreement.Starting the letter by stating the need to end the contract and date of termination.Making sure the letter is clear and concise with the wording, leaving no room for misinterpretation.This will ensure that you clearly state the reason for termination. Before you can draft the letter, read through the contract to confirm provisions of termination. There are guidelines to follow when writing a contract termination letter. Completion of the contract: The contract gets terminated once obligations agreed upon in the contract are fulfilled or completed.Rescission: This could be either due to misrepresentation, illegal activities, or mistakes from the other party.Prior agreements on terms of termination: If there is a prior agreement between the two parties on specific reasons that would lead to dismissal.Breach of contract: if the company hired intentionally fails to meet their obligations.Failure to perform: if the company is not able to fulfill their duties or requirements. ![]() There are many reasons why a business may choose to terminate a job contract, including but not limited to: ![]() Doing this allows information to be shared explicitly between the parties involved, and can provide a record of the cancellation of services, in case a discrepancy arises along the way. The message should contain the terms under which either party of the contract can terminate the agreement, and the date when the business deal will come to an end. Sending a contract termination letter ensures the continuity of a business relationship. The letter documents and formalizes the dissolution of the services offered for all the parties involved. A contract termination letter informs the receiver that you wish to sever a business agreement governing your relationship. No matter the reasons for termination, sending a contract termination letter makes the parties involved aware of the cancellation. When a business arrangement no longer serves its purpose, then it might be a good time to end it.
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