Notice of Default on progress payment
Our Ref: xxx
Date: xxx
To : xxx Building Contracting LLC
P. O. Box xxx
Dubai – UAE.
Attention : Mr. xxx
: Project Manager
Project : xxx HEIGHTS, Dubai
Subject : Notice of Default on progress payment
Dear Sir,
We are writing to put on record again that you are in flagrant default on xxx progress payments. Your company has failed to certify and settle our payments as per our Sub-Contract Agreement payment terms. Despite our previous letters and communications, we are still unable to receive a transparent response or any action from the Contractor.
The following summarizes the status of the payments in default.
| IPA No. | Cheque Date | Cheque No. | Amount (AED) | Deposit Date | Status | Delay Time (days) |
| 1 | xxx | 5131 | xxx | xxx | Bounced | 92 |
| 2 | xxx | 5185 | xxx | xxx | Bounced | 76 |
| 3 | xxx | 5194 | xxx | xx | Bounced | 53 |
| 4 | xxx | 5216 | xxx | Main Contractor requested not to deposit the cheque. | 24 |
We have not received any payment yet for the project, noting that we have completed 100% of the production. In addition to that, IPA no. 7 Post Dated Cheque (PDC) is due for collection.
You are immediately requested to release the payments due to avoid further complications. We notify you that xxx shall not be liable for any negative impact this may have on the deliveries or the project due to the Contractor failure in settling his dues.
We reserve our right to claim for any losses, damages and any other direct or indirect consequences that may result from the Contractor’s default.
Yours faithfully,
On behalf of xxx LLC
xxx
Projects Manager