The Counter Offer Rejection Letter is a crucial document in Singapore's business landscape, used when negotiations reach a point where a counter offer cannot be accepted. This document should be employed when a party needs to formally reject modifications proposed to their original offer terms. Under Singapore contract law, it's important to clearly communicate the rejection of a counter offer to prevent any misunderstandings about the status of negotiations. The letter typically includes specific references to both the original offer and the counter offer, maintains professional courtesy, and may include brief explanations for the rejection when appropriate.
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Key Requirements PROMPT example:
Counter Offer Rejection Letter
"I need a Counter Offer Rejection Letter to formally decline a supplier's counter proposal for manufacturing services, received on January 15, 2025, while maintaining the possibility of future business relationships and explaining our budget constraints."
1. Date: Current date of the rejection letter
2. Recipient Details: Full name and address of the counter-offering party
3. Reference to Counter Offer: Specific mention of the counter offer received, including date
4. Clear Rejection Statement: Explicit statement declining the counter offer
5. Professional Closing: Formal closing and signature block
1. Reason for Rejection: Brief explanation of why the counter offer is being rejected, used when maintaining business relationships is important
2. Alternative Proposal: Any new terms being proposed, used when negotiation is still desired
3. Appreciation Note: Thank you message for their interest, used in professional contexts
1. Original Offer Details: Reference copy of original offer terms, if relevant
2. Counter Offer Summary: Summary of received counter offer for reference
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