Company Name or Letterhead
Address
City, State Zip
Date
Addressee
Address
City, State Zip
Dear Mr. Forney:
It is that time of the year for us to review and retain services at the Fullerton location in accordance with our ongoing contract.
Currently, your annual payment is $___. As we have agreed, we are renewing the agreement with Bayden Associates, at a seven percent increase. This increase covers our additional expenses from suppliers involved in producing our ___ products.
Your new contract fee for this year will be $___. We appreciate your having chosen us as your supplier of ___. We intend to continue building the quality into our products, not trying to “add it on” when difficulties and inefficiencies of operation occur. Thank you for your continued confidence in our company and in our quality products.
Sincerely,
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