Document background
The Final Bill Submission Letter is a critical document in the UAE construction and commercial landscape, used at the completion of a project or contract to establish the final financial position between parties. This document is typically prepared after the issuance of the completion certificate and resolution of all variations and claims. It must comply with UAE Federal Law No. 5 of 1985 (Civil Code) and relevant commercial regulations, particularly regarding payment terms and documentation requirements. The letter should include a complete financial history of the project, including the original contract value, approved variations, previous payments, and final amount due. It serves as both a payment request and a closure document, often accompanied by supporting documentation such as approved variation orders, completion certificates, and detailed cost breakdowns. The Final Bill Submission Letter is particularly important in the UAE context as it often triggers the release of retention monies and helps establish a clear record for tax and audit purposes.
