When it comes to business contracts, there may come a time when one party decides not to renew the contract. If this is the case, it is important to communicate this decision through a letter. Here is a sample letter for not renewing a contract:

[Your Name]

[Your Company]

[Your Address]

[City, State ZIP Code]

[Date]

[Recipient Name]

[Recipient Company]

[Recipient Address]

[City, State ZIP Code]

Dear [Recipient Name],

I am writing to inform you that [Your Company] has decided not to renew the contract between our companies. The contract is set to expire on [Contract Expiration Date], and we will not be seeking to renew it.

We have found that our business needs have shifted and we are exploring other options for [service or product provided by recipient company]. We appreciate the work you have done for us during the term of the contract and we wish you continued success in your business ventures.

Please let us know if there are any outstanding matters that need to be resolved before the end of the contract term. We will ensure that all outstanding payments are made promptly.

Thank you for your understanding and cooperation in this matter.

Sincerely,

[Your Name]

This sample letter is concise and professional, while still conveying the necessary information. It is important to include the reason for not renewing the contract, while also expressing gratitude for the work that has been done. It is also crucial to ensure that all outstanding details are addressed before the contract term ends.

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