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1. Letter Header and Date: Official letterhead, date, and reference numbers
2. Recipient Details: Full name, title, and address of the recipient
3. Contract Reference: Clear identification of the contract being closed out, including contract number, title, and original execution date
4. Completion Statement: Clear statement confirming that all contractual obligations have been fulfilled
5. Financial Settlement: Confirmation that all payments have been made and received
6. Mutual Release: Statement releasing both parties from further obligations under the contract
7. Closing: Professional closing, signature block, and company stamp
1. Outstanding Items: Used when there are any minor pending items that don't prevent closeout
2. Warranty Provisions: Include when certain warranty obligations continue beyond the contract closeout
3. Confidentiality Reminder: Used when emphasizing ongoing confidentiality obligations
4. Future Cooperation: Optional positive statement about potential future business relationships
5. Dispute Resolution Reference: Include if there were any disputes that were resolved during the contract period
1. Final Payment Certificate: Document confirming all financial obligations have been met
2. Completion Certificate: Official certificate confirming successful completion of all deliverables
3. Asset Transfer List: If applicable, list of any assets transferred between parties
4. Outstanding Warranty Items: List of items still under warranty with relevant dates
5. Final Account Statement: Detailed statement showing all payments made under the contract
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Engineering
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Banking and Finance
Legal
Procurement
Project Management
Finance
Operations
Commercial
Administration
Compliance
Contract Administration
Contract Manager
Legal Counsel
Project Manager
Procurement Manager
Commercial Director
Chief Financial Officer
Operations Manager
Business Development Manager
Account Manager
Legal Director
Compliance Officer
Administrative Manager
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