After construction of the project on Ocean Front since the signing of the contract, our company actively organize project construction work carried out. The total amount of the construction contract for the $ 5.566 million yuan, according to the construction contract payment to your company has agreed to pay 5% of our payment Treaty project cost of the first one. Our construction process according to the contract in August 26, 2016 the successful completion of basic decoration materials procurement, according to the contract payment Treaty, paragraph 2, of your company to pay our progress payments of 20% ($ 1.1132 million yuan). Our current project funds received in October 10, 2016 your company to pay $ 278,300 yuan (5%), more than $ 834,900 yuan (15%) did not pay. According to the relevant provisions of the contract, your company has timed payment delays for projects. I Division in October 21, 2016 to complete the construction contract process Item 3 basic decoration work under the contract payments to pay your company our treaty progress payment of 35% ($ 1.9481 million yuan). Now construction is in full swing, the original plans to purchase hardcover shave layer material and related equipment and other materials were unable to implement the order. Construction is now under tight deadlines; progress payment in order to avoid payment of lagging progress of the project to cause significant delays, please complete your company pay more progress payment as soon as possible.
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