Request for Contractual Payment

Business Letter

Dear…

RE: __(Name of Project)__

As of __(Date)__, __(Name of Organization)__ has fulfilled its required contractual obligations for the above mentioned project as follows:

  1. __(brief description of fulfilled obligation)__
  2. __(brief description of fulfilled obligation)__
  3. __(brief description of fulfilled obligation)__
  4. __(brief description of fulfilled obligation)__

In accordance with the terms of our __(Type of Agreement)__ , __(the final balance /__% )__ of the __(retained funding/contractual funding/retention/etc.)__ is now due and payable. Please allow this letter to serve as our formal request for release of funds in the amount of __($amount)__, representing __(the final balance /__% )__ of the __(retained funding/contractual funding/retention/etc.)__. Kindly submit this payment to: (details of where payment is to be forwarded to - Name and Address of Organization)__.

We thank you for your timely attention to this matter and look forward to receiving the payment very soon.

Yours truly,