Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 1
- Date
- 2024-04-17
- Hijri
- 8 Shawwal 1445 AH
- Reference
- PAY-2024-006-01
Interim payment certificate no. (1)
For the work of March 2024
- Contract number
- RC/2024/006
- Supplier-portal reference
- 2401430082
- Contract
- Training & Employment Centre complex — civil & MEP works
- Contractor
- Al-Ufuq General Contracting Co.
- Contractor VAT number
- 320500924170003
- Project
- Training & Employment Centre Complex
- Contract period
- 2024-03-03 — 2026-12-31
- Original contract value
- 28,000,000
- Current contract value
- 29,200,000including variations of SAR 1.2M
- Linked milestone
- Site handover & mobilisation · MS-G1 Project plan approved
Certificate summary (SAR)
| 1 | Total value of work completed to date | 332,000 |
| 2 | Less: previous certificates | 0 |
| 3 | Value of work in this certificate | 332,000 |
| 4 | Less: retention (10%) | (33,200) |
| 5 | Less: advance payment recovery (10%) | (33,200) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (66,400) |
| 8 | Net before VAT | 265,600 |
| 9 | Add: value added tax (15%) | 39,840 |
| 10 | Net amount payable to the contractor | 305,440 |
Amount in words: Three hundred five thousand four hundred forty Saudi riyals only
Retention held up to this certificate: SAR 33.2K — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Preliminaries & mobilisation | 2,044,000 | 0 | 53,650 | 53,650 | 3% |
| Earthworks & foundations | 5,256,000 | 0 | 83,650 | 83,650 | 2% |
| Concrete & structural works | 9,052,000 | 0 | 113,200 | 113,200 | 1% |
| Mechanical, electrical & plumbing | 7,008,000 | 0 | 55,800 | 55,800 | 1% |
| Finishes & external works | 4,380,000 | 0 | 22,400 | 22,400 | 1% |
| Testing & commissioning | 1,460,000 | 0 | 3,300 | 3,300 | 0% |
| Total | 29,200,000 | 0 | 332,000 | 332,000 | 1% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Eng. Khalil I. Al-Dosari
Al-Dosari2024-04-17
Supervising engineer
Eng. Ibrahim A. Al-Ghamdi
Al-Ghamdi2024-04-19
Project manager
Eng. Shahad M. Al-Malki
Al-Malki2024-04-22
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2024-04-25
Final approver
Dr. Abdullah S. Al-Qahtani
Al-Qahtani2024-04-28