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20145 Milano (ala) - Via Pangin, 12 Tol #80- 02.4595 416 (Sliragra) Fae: 630 -02.48,13.246, 7a: intiaea@irtrecosp.i E INTRACO spa. aie cen € 2900009 Reaumanra Coven 0 A CEz.S70085 + Messrs : Ministry of Water Resources Head Quarter Palestine St. Baghdad, Ireq KA, Mr. Jawad Kadhim Badr D.G. of Legal and Contracts Directorate + e-mail: legalcontracts@mows.gov.iq gdica2005@yahoo.com Milan, June the 16, 2017 Prot. 312/17/EN/adn SUBJECT: ITALIAN SOFT LOAN // Training programs MOWRUITALIAN SOFT LOAN\CONTRACT No.l (Supply Equipments and Machinery for Drilling Operations) 2011 MOWRUITALIAN SOFT LOAN\CONTRACT No2 (Supply Equipments and Machinery for Trimming and Lini Operations)\2014, MOWR\ITALIAN SOFT LOAN\CONTRACT No. 3 (Supply Equipments and Ma for Dredging Operations)\2011 Ref. : Your letter n, 12854 dated 06/06/2017 Dear Sirs, We tock note of your letter quoted on reference We would like to remind you that the final 10% payment for most of the contracts above mentioned has not been Honoured till today despite our several reminders through the last one year and half, and despite your engagement to honour the pending payments after the issuing of the Warranty Bonds from our part. ‘We honoured our engagement by issuing and sending to you the relevant Warranty Bonds which are still in your hanes , but to our action has not followed the same by your part as we are still waiting for payments, We invite you once again to honour your engagement by paying the remaining 10% , and consequently following to your payment, we confirm the performing of the final training program, v Best regards, Intraco Spa Da: contracts dep@mowr. govig Inviato: mercoledi 7 giugno 2017 10:10 A: intraco@intracospa it Oggetto: Halian soft ican / Training programs Allegati: WAG_0008.pat Please , ignore the first email and rely this. Dear Sirs, Please open the attachments and inform us your confirmation when receiving this letter. Best regards, Yours Faithfully, Nihad Rashid Jawad Ministry of Water Resources Minister’s Office Director Contracts Department Ministry of Water Resources Contracts department Baghdad — Iraq Website: www. mowr.gov.iq E-mail: contracts.dep®@mowr.gov.ia [Numero paginal Ministry of Water Resources No: (2854 Date 6/6" | 217 Fala ay) gall B55 Sg) aa / ll ake < Nea aa TN Si oy et From: contrancts den@mowrgoviig <5 To : intraco @ intracospa.it Ce: grants_loans2015@yahoo.com , eng_ali822007@yahoo.com Subject: Italian soft loan / Training programs Deer Sir Good day Further to our letter ( No, 2702) dated on (31 Jan.2017). We would like to remind you about your obligation to execute the taining programs in Italy according to Article (33) of SCC of the contracts . For that we couldn’t release your payments if you don’t implement the training which has no relation with the delay payments Your prompt action is highly appreciated. Best Regards. Yours Faithfully Nihad Rashid Jawad Minister's Office Director 7 ($2017 Palestine St Rania IBA

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