HTML Preview Formal Termination Of Contract Letter page number 1.


Version 2 3/1/2013
Notice of Termination and Remedies Template
(Use agency letterhead)
Note: Send only after legal review and proper authorization
Date
Contractor Name and Address
Re: Contract # _________ -- Notice of Termination
Dear _____:
This letter will provide formal notice of termination of the above-referenced contract between
[Contractor] and [State entity], dated ______, effective [immediately, or on a specific date]. You were
notified of default under this contract by letter. Therefore this contract is terminated for cause,
pursuant to its paragraph ___.
You are hereby advised to cease all further performance, immediately. The [State entity] will obtain
substitute [goods/services], and, without limitation of any other remedy available under applicable law,
[Contractor] is responsible for any additional cost of such [goods/services], as well as any additional
costs or damages arising from the default.
Once the additional cost of obtaining substitute [goods/services] is determined, you should be of the
amount due. Please note that failure to pay an amount due to the State may result in debarment until
such amount is fully paid, as well as in additional collection action.
Sincerely,
[Name and Title of person signing letter]
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The successful man is the one who finds out what is the matter with his business before his competitors do. | Roy L. Smith