Financial Cost Modification Notice
Financial Cost Modification Notice
Date: [MM-DD-YYYY]
To: [Recipient Name]
Title: [Recipient Title]
Company: [Recipient Company Name]
Address: [Recipient Company Address]
Subject: Notification of Financial Cost Modification
Dear [Recipient Name],
We at [Your Company Name] are committed to maintaining transparent and consistent communication with our clients and partners. This letter serves as a formal notice regarding adjustments to the financial costs associated with the services/products we provide.
Effective Date: The new pricing will take effect on [MM-DD-YYYY].
Modifications:
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Service/Product Name 1: The cost will be adjusted from [Previous Cost] to [New Cost].
-
Service/Product Name 2: The cost will be adjusted from [Previous Cost] to [New Cost].
Reason for Modification:
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Increased Supplier Costs
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Inflation
Impact on Current Contracts/Orders:
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All new orders placed after the effective date will adhere to the new pricing structure.
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Ongoing contracts will be honored at the previously agreed rates until their expiration, after which the new rates will apply.
We understand that any change in costs can affect your budgeting and planning. Therefore, we are committed to assisting you during this transition. Our team is available to discuss how these changes might affect your future dealings with us and to work with you to mitigate any negative impacts.
For any questions or further discussions, please feel free to contact us at [Your Contact Information].
Thank you for your continued trust and partnership with [Your Company Name].
[Your Name]
[Your Title/Designation]
