Sample Regret Letter for a Proposal?

Answer

A regret letter for a proposal, or a proposal rejection letter, is written when a company must turn down a decent and worthy proposal offer because they have prior commitments. The sample letter should state clearly that the proposal is very good, that unfortunately the timing is not good, and that the company hopes to work together in the future. The sample letter should start with thanking the company and their interest before rejecting to try and keep the letter as positive as possible.
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