Submission of Security cheque against Performance Guarantee

REF: No. xxx

Date: 09 August xxx

xxx ARCHITECTURAL & ENGINEERING CONSULTANCY
Office No. xxx, Sobha Ivory 2, Business Bay

P.O. Box xxx, Dubai, UAE

Project: Residential Villa (G+1) & Pump Room Block, On Plot No. xxx at Al Barari – Dubai, UAE for Mr. xxx

Subject: Submission of Security cheque against Performance Guarantee

Dear Sir,

With reference to the above referred project, as per the payment terms of the contract we are submitting here with our cheque no. xxx open dated for AED xxx (AED xxxx Thousand One Hundred Fifty and 00/100 only) drawn on Emirates NBD, Main Branch, as security for 10% Performance guarantee.

This cheque is issued as a Guarantee check against Contractor Performance. The cheque must be returned back to us at the end or completion of the project post DLP period.

Kindly acknowledge the receipt by signing on the attached copy of this letter and the copy of the cheque.

Yours Sincerely,           

M/S. xxx Building Contracting                                              M/S. xxxArchitectural & Engineering

L.L.C. – Dubai, UAE                                                                      Consultancy – Dubai, UAE

By: ________________                                                              By: __________________

Mr. xxx                                                                      Mr. xxxx

xxx– Managing Director                                                        xxx– Managing Partner