Early termination fees for waste services
Last edited 18/06/2019 - 22:19
Hi all, apologies if this is the wrong forum.
So our business employs XYZ company for their waste disposal services for a period of 12 months.
I have since found a better price with another supplier and I wish to terminate our contract with XYZ.
Obviously I have tried to negotiate with XYZ but I was not satisfied with their services so I decide to go with my new option instead. In this conversation, the manager brought up the fact that legal would have to be called because of the early termination.
I have had a look through our service agreement with XYZ and there is absolutely no mention of any early termination fees and would like to know if XYZ has any right to compensation to the otherwise 'foregone' fee revenues?
Keeping in mind that there has been no breach of contract and is just our business shopping around for a better deal.
Edit: Not sure if this matters, but this is a standard form contract.