CONTRACT PRICE INCREASE LETTER

Michael Smith

Stellar Tech Solutions

303 Cedar Court

Lot 15 Countryside,

USA 45678

Phone: 222 555 7777

Email: smith@email.com

Emily Davis

789 Oak Drive

Apartment 7C

Cityville, USA 67890

Dear Emily Davis,

Greetings! We hope this letter finds you well. We are writing to inform you of a necessary adjustment to the contract price for our services.

After careful consideration and evaluation of market trends, operational costs, and the scope of work involved, we regret to inform you that a contract price increase is necessary. This price adjustment will enable us to continue delivering high-quality services and maintain the desired level of professionalism and expertise.

The new contract price will be [insert new price]. The increase will be effective starting [insert effective date], and it will afford us the resources needed to carry out the specified tasks and responsibilities detailed in the contract.

As per the original agreement, the scope of work or services to be provided includes [briefly describe the scope of work]. We will adhere to the agreed-upon deadlines, payment terms, and deliverables outlined in the contract, ensuring a smooth and successful collaboration.

Furthermore, we would like to emphasize the importance of maintaining confidentiality throughout this engagement. As a trusted business partner, we are committed to treating all sensitive information, proprietary data, and trade secrets with the utmost care and discretion.

In the event of a breach of contract, we kindly remind you of the agreed-upon penalties and consequences outlined in the original contract. We value our professional relationship and expect mutual commitment to honoring the terms and conditions specified.

Please take the time to thoroughly review the revised contract and indicate your acceptance by signing and returning it to us no later than [insert deadline]. We believe these adjustments are necessary for our continued collaboration and appreciate your understanding and cooperation in this matter.

If you have any questions or require further clarification, please do not hesitate to contact us. We are committed to providing you with exceptional service and are eager to address any concerns you may have.

Thank you for your attention to this matter. We look forward to continued success together.

Sincerely,

Michael Smith

Stellar Tech Solutions

Best regards,

Michael Smith

Stellar Tech Solutions