Sample letter to announce the change in policy or fee amount - as an administrator

Sample letter to announce the change in policy or fee amount - as an administrator

Owing to the rise in prices of the raw materials and the rising demands in manufacturing, we are announcing a price increase and a few changes in our policy. We expect your patience and cooperation to the changes and promise to keep providing you the best quality products.

We have been trying to overlook the rise in price for quite a long time since we launched a few of our new products. We believe you are well aware that we are the manufacturer of the best quality of these products available to you in the country at the lowest price in comparison to our competitors.

However, it is high time that we consider the increase in prices of raw material which is adversely affecting our profit in the business. We, therefore announce a 10% increase in all products affective from today itself.

We are also facing a few issues regarding the payment in installment by few of our clients. There have been constant delays in the payments which could not be ignored further. We have revised our policy and the following clauses have been added regarding late fee and charges.

1.

2.

These policies are also effective from today, (date). We expect your cooperation with the alterations and hope to continue being in business with you in the long run.