Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 3
- Date
- 2024-07-03
- Hijri
- 27 Dhuʻl-Hijjah 1445 AH
- Reference
- PAY-2024-006-03
Interim payment certificate no. (3)
For the work of June 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
- Earthworks & foundations complete · MS-G2 Designs approved
Certificate summary (SAR)
| 1 | Total value of work completed to date | 1,293,500 |
| 2 | Less: previous certificates | (789,500) |
| 3 | Value of work in this certificate | 504,000 |
| 4 | Less: retention (10%) | (50,400) |
| 5 | Less: advance payment recovery (10%) | (50,400) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (100,800) |
| 8 | Net before VAT | 403,200 |
| 9 | Add: value added tax (15%) | 60,480 |
| 10 | Net amount payable to the contractor | 463,680 |
Amount in words: Four hundred sixty-three thousand six hundred eighty Saudi riyals only
Retention held up to this certificate: SAR 129.4K — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Preliminaries & mobilisation | 2,044,000 | 128,400 | 80,500 | 208,900 | 10% |
| Earthworks & foundations | 5,256,000 | 199,950 | 126,000 | 325,950 | 6% |
| Concrete & structural works | 9,052,000 | 269,150 | 171,950 | 441,100 | 5% |
| Mechanical, electrical & plumbing | 7,008,000 | 131,600 | 85,700 | 217,300 | 3% |
| Finishes & external works | 4,380,000 | 52,650 | 34,650 | 87,300 | 2% |
| Testing & commissioning | 1,460,000 | 7,750 | 5,200 | 12,950 | 1% |
| Total | 29,200,000 | 789,500 | 504,000 | 1,293,500 | 4% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Eng. Khalil I. Al-Dosari
Al-Dosari2024-07-03
Supervising engineer
Eng. Ibrahim A. Al-Ghamdi
Al-Ghamdi2024-07-05
Project manager
Eng. Shahad M. Al-Malki
Al-Malki2024-07-08
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2024-07-11
Final approver
Dr. Abdullah S. Al-Qahtani
Al-Qahtani2024-07-14