Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 1
- Date
- 2024-03-17
- Hijri
- 7 Ramadan 1445 AH
- Reference
- PAY-2024-005-01
Interim payment certificate no. (1)
For the work of February 2024
- Contract number
- RC/2024/005
- Supplier-portal reference
- 2401360069
- Contract
- Engineering supervision — current HQ rehabilitation
- Contractor
- Ma’alem International Project Management
- Contractor VAT number
- 340304288130003
- Project
- Converting the Current Headquarters into a Member Services Centre & Committee Rooms
- Contract period
- 2024-02-01 — 2027-03-31
- Original contract value
- 730,000
- Current contract value
- 730,000
- Linked milestone
- Supervision team mobilised · MS-G1 Project plan approved
Certificate summary (SAR)
| 1 | Total value of work completed to date | 11,000 |
| 2 | Less: previous certificates | 0 |
| 3 | Value of work in this certificate | 11,000 |
| 4 | Less: retention (5%) | (550) |
| 5 | Less: advance payment recovery (0%) | 0 |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (550) |
| 8 | Net before VAT | 10,450 |
| 9 | Add: value added tax (15%) | 1,568 |
| 10 | Net amount payable to the contractor | 12,018 |
Amount in words: Twelve thousand eighteen Saudi riyals only
Retention held up to this certificate: SAR 550 — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Resident engineering staff | 452,600 | 0 | 6,850 | 6,850 | 2% |
| Visiting specialists | 131,400 | 0 | 2,000 | 2,000 | 2% |
| Laboratory & testing | 87,600 | 0 | 1,200 | 1,200 | 1% |
| Reporting & technical office | 58,400 | 0 | 950 | 950 | 2% |
| Total | 730,000 | 0 | 11,000 | 11,000 | 2% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Eng. James Harlow
Harlow2024-03-17
Supervising engineer
Haifa S. Al-Ruwaili
Al-Ruwaili2024-03-19
Project manager
Eng. Waleed O. Al-Juhani
Al-Juhani2024-03-22
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2024-03-25
Final approver
Munirah A. Al-Khalidi
Al-Khalidi2024-03-28