Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 7
- Date
- 2024-12-22
- Hijri
- 21 Jumada II 1446 AH
- Reference
- PAY-2024-005-07
Interim payment certificate no. (7)
For the work of December 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
- Mid-term review · MS-G3 Build complete
Certificate summary (SAR)
| 1 | Total value of work completed to date | 151,000 |
| 2 | Less: previous certificates | (117,500) |
| 3 | Value of work in this certificate | 33,500 |
| 4 | Less: retention (5%) | (1,675) |
| 5 | Less: advance payment recovery (0%) | 0 |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (1,675) |
| 8 | Net before VAT | 31,825 |
| 9 | Add: value added tax (15%) | 4,774 |
| 10 | Net amount payable to the contractor | 36,599 |
Amount in words: Thirty-six thousand five hundred ninety-nine Saudi riyals only
Retention held up to this certificate: SAR 7,550 — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Resident engineering staff | 452,600 | 73,300 | 20,900 | 94,200 | 21% |
| Visiting specialists | 131,400 | 21,150 | 6,050 | 27,200 | 21% |
| Laboratory & testing | 87,600 | 12,650 | 3,650 | 16,300 | 19% |
| Reporting & technical office | 58,400 | 10,400 | 2,900 | 13,300 | 23% |
| Total | 730,000 | 117,500 | 33,500 | 151,000 | 21% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Eng. James Harlow
Harlow2024-12-22
Supervising engineer
Haifa S. Al-Ruwaili
Al-Ruwaili2024-12-24
Project manager
Eng. Waleed O. Al-Juhani
Al-Juhani2024-12-27
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2024-12-30
Final approver
Munirah A. Al-Khalidi
Al-Khalidi2025-01-02