Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 12
- Date
- 2025-08-12
- Hijri
- 18 Safar 1447 AH
- Reference
- PAY-2024-005-12
Interim payment certificate no. (12)
For the work of July 2025
- 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 | 318,500 |
| 2 | Less: previous certificates | (283,500) |
| 3 | Value of work in this certificate | 35,000 |
| 4 | Less: retention (5%) | (1,750) |
| 5 | Less: advance payment recovery (0%) | 0 |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (1,750) |
| 8 | Net before VAT | 33,250 |
| 9 | Add: value added tax (15%) | 4,988 |
| 10 | Net amount payable to the contractor | 38,238 |
Amount in words: Thirty-eight thousand two hundred thirty-eight Saudi riyals only
Retention held up to this certificate: SAR 15.9K — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Resident engineering staff | 452,600 | 176,900 | 21,800 | 198,700 | 44% |
| Visiting specialists | 131,400 | 51,050 | 6,300 | 57,350 | 44% |
| Laboratory & testing | 87,600 | 30,500 | 3,900 | 34,400 | 39% |
| Reporting & technical office | 58,400 | 25,050 | 3,000 | 28,050 | 48% |
| Total | 730,000 | 283,500 | 35,000 | 318,500 | 44% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Eng. James Harlow
Harlow2025-08-12
Supervising engineer
Haifa S. Al-Ruwaili
Al-Ruwaili2025-08-14
Project manager
Eng. Waleed O. Al-Juhani
Al-Juhani2025-08-17
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2025-08-20
Final approver
Munirah A. Al-Khalidi
Al-Khalidi2025-08-23