Letter of refusal of Counter offer

Good Day [name],

After careful consideration, we have decided not to accept your counter offer regarding the

[name of project]

project. We found the new terms unfair and its demands quite unnecessary. We would like to once again push for the proposal that we laid out to you last [date].

We hope that this does nothing to strain our relationship with you. We know that this project means a lot to your company as it does to ours. We believe that our earlier proposal can take us further and greatly benefits us both.

Please take the time to discuss this with your company and let us know the result of your discussions. We will eagerly await your response.

Thank you,

[name]

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