Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 4
- Date
- 2024-08-11
- Hijri
- 7 Safar 1446 AH
- Reference
- PAY-2024-006-04
Interim payment certificate no. (4)
For the work of July 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 | 1,968,000 |
| 2 | Less: previous certificates | (1,293,500) |
| 3 | Value of work in this certificate | 674,500 |
| 4 | Less: retention (10%) | (67,450) |
| 5 | Less: advance payment recovery (10%) | (67,450) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (134,900) |
| 8 | Net before VAT | 539,600 |
| 9 | Add: value added tax (15%) | 80,940 |
| 10 | Net amount payable to the contractor | 620,540 |
Amount in words: Six hundred twenty thousand five hundred forty Saudi riyals only
Retention held up to this certificate: SAR 196.8K — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Preliminaries & mobilisation | 2,044,000 | 210,700 | 107,100 | 317,800 | 16% |
| Earthworks & foundations | 5,256,000 | 328,050 | 167,900 | 495,950 | 9% |
| Concrete & structural works | 9,052,000 | 440,900 | 230,200 | 671,100 | 7% |
| Mechanical, electrical & plumbing | 7,008,000 | 215,200 | 115,400 | 330,600 | 5% |
| Finishes & external works | 4,380,000 | 85,950 | 46,900 | 132,850 | 3% |
| Testing & commissioning | 1,460,000 | 12,700 | 7,000 | 19,700 | 1% |
| Total | 29,200,000 | 1,293,500 | 674,500 | 1,968,000 | 7% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Eng. Khalil I. Al-Dosari
Al-Dosari2024-08-11
Supervising engineer
Eng. Ibrahim A. Al-Ghamdi
Al-Ghamdi2024-08-13
Project manager
Eng. Shahad M. Al-Malki
Al-Malki2024-08-16
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2024-08-19
Final approver
Dr. Abdullah S. Al-Qahtani
Al-Qahtani2024-08-22