Refusal of a commercial proposal from a service provider

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letter template Refusal of a commercial proposal from a service provider You are a company manager, you are under contract with a company X for security or maintenance of electrical appliances, cooling unit or cleaning. This contract commits you for a duration defined at the signature with the company X. You are approached by a company Y, which interests you but you cannot break the contract. Here is a template for a refusal to change service provider that you can use to respond to this company.
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Below is our sample letter template:

Your CompanyAddressPostal Code - City
Company NameTo the attention of Mr./Ms. Last Name, First NameAddressPostal Code - CityA [location], 29 03 2024
Re: Refusal of a commercial proposal

Madam, Sir,

I thank you for your interest in our company, I appreciate the time and effort you have put into providing us with a service at a competitive rate.

I regret, however, that we cannot accept your proposal. We are currently under contract until END DATE. However, after the expiration of this contract, we will be happy to discuss with you the possibility of doing business in the future.

Please accept, Madam, Sir, my best regards.
Your signature
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