Advance payment to Metal Works sub-contractor

Ref                : xxx

Date             :  18.02.2017

To                  : xxx Hotels, Dubai, UAE

Kind Attn      : Mr xxx

Project          : 2B + G + 14 + Lower Roof Hotels Building on Plot No 373 – 1297 at Al Barsha, Dubai

Subject         : Advance payment to Metal Works  sub-contractor

Dear Sir,

In continuation to the subcontractor work award for Aluminium and Glazing Works, we are in receipt of Ref M53 Application No.1 for AED 186,750/- from METALU. Although, we are in receipt of 10% advance for the contract value including for the sub contract work referred above, due to some cash flow issues we are currently constrained to immediately release the advance payment to subcontractor.

As a temporary support to fast track the work execution, request you to directly release the advance payment for METALU on our behalf. You may please deduct this amount from our next running bill.

We have already secured the advance payment against an undated security cheque from METALU for the same amount.

Thanks and Regards,

For xxx Contracting LLC

xxx

General Manager