Dear…
RE: __(Name of Project)__
As of __(Date)__, __(Name of Organization)__ has fulfilled its required contractual obligations for the above mentioned project as follows:
- __(brief description of fulfilled obligation)__
- __(brief description of fulfilled obligation)__
- __(brief description of fulfilled obligation)__
- __(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,