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	52
2	xxx	5185	xxx		On Hold	36
3	xxx	5194	xxx		On Hold	13

We have not received any payment yet for the project, noting that we have completed almost 90% of the work. In addition to that, IPA no. 5 PDC is due for collection since more than a month, & IPA no.6 is due for certification as well.

You are immediately requested to release the payments due to avoid further complications. We notify you that Unipods 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