Monday, 6 June 2022

MR. JAYCEE TERUEL AND MRS. EILEEN TERUEL

Proposed Two-Storey Residential Building

92 South Dao Street, Marikina Heights, Marikina City

PROGRESS BILLING NO. 03

TO: MR. JAYCEE TERUEL AND MRS. EILEEN TERUEL

We humbly request an amount of Php 292,450.17 as payment for Progress Billing No. 03
corresponding to the 63.549% Actual Progress Percentage of the Original Contract.

REQUEST FOR PAYMENT

Progress Billing No. 01
292,450.17
Billable Precentage Cost (8.619%)

SUMMARY OF PAYMENTS
Original Contract Cost 3,393,087.00
40% Downpayment (Cash and Online Bank Transfer) (600,000.00)
Fully Paid March 15, 2022 (720,000.00)
(38,000.00)
Paid Progress Billing No. 01 May 06, 2022 (Cash Payment) (250,000.00)
Paid Progress Billing No. 02 May 16 2022 (Cash Payment) (260,000.00)
Progress Billing No. 03
292,450.17
63.549% Actual Progress Precentage
Total Remaining Balance from Original Contract: 1,232,636.83
(Upon payment of Progress Billing No.03)

Kindly deposit the amount specified to:

UNIONBANK
Account name: AION CONSTRUCTION AND DEVELOPMENT CORPORATION
Account number: 0026 1002 5616

If you have any questions concerning this request, please contact us anytime.
Thank you

Prepared by: Signed and Approved by:

Mary Angelie Cruz Jaycee Teruel Eileen Teruel

Architect Owner/ Client Owner/ Client