Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 16
- Date
- 2026-02-15
- Hijri
- 27 Shaʻban 1447 AH
- Reference
- PAY-2024-005-16
Interim payment certificate no. (16)
For the work of January 2026
- 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 to substantial completion · MS-G5 Final handover
Certificate summary (SAR)
| 1 | Total value of work completed to date | 444,000 |
| 2 | Less: previous certificates | (416,000) |
| 3 | Value of work in this certificate | 28,000 |
| 4 | Less: retention (5%) | (1,400) |
| 5 | Less: advance payment recovery (0%) | 0 |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (1,400) |
| 8 | Net before VAT | 26,600 |
| 9 | Add: value added tax (15%) | 3,990 |
| 10 | Net amount payable to the contractor | 30,590 |
Amount in words: Thirty thousand five hundred ninety Saudi riyals only
Retention held up to this certificate: SAR 22.2K — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Resident engineering staff | 452,600 | 259,650 | 17,450 | 277,100 | 61% |
| Visiting specialists | 131,400 | 74,850 | 5,050 | 79,900 | 61% |
| Laboratory & testing | 87,600 | 44,750 | 3,200 | 47,950 | 55% |
| Reporting & technical office | 58,400 | 36,750 | 2,300 | 39,050 | 67% |
| Total | 730,000 | 416,000 | 28,000 | 444,000 | 61% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Eng. James Harlow
Harlow2026-02-15
Supervising engineer
Haifa S. Al-Ruwaili
Al-Ruwaili2026-02-17
Project manager
Eng. Waleed O. Al-Juhani
Al-Juhani2026-02-20
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2026-02-23
Final approver
Munirah A. Al-Khalidi
Al-Khalidi2026-02-26