Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 5
- Date
- 2024-09-18
- Hijri
- 15 Rabiʻ I 1446 AH
- Reference
- PAY-2024-006-05
Interim payment certificate no. (5)
For the work of August 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 | 2,719,000 |
| 2 | Less: previous certificates | (1,968,000) |
| 3 | Value of work in this certificate | 751,000 |
| 4 | Less: retention (10%) | (75,100) |
| 5 | Less: advance payment recovery (10%) | (75,100) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (150,200) |
| 8 | Net before VAT | 600,800 |
| 9 | Add: value added tax (15%) | 90,120 |
| 10 | Net amount payable to the contractor | 690,920 |
Amount in words: Six hundred ninety thousand nine hundred twenty Saudi riyals only
Retention held up to this certificate: SAR 271.9K — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Preliminaries & mobilisation | 2,044,000 | 320,650 | 118,400 | 439,050 | 21% |
| Earthworks & foundations | 5,256,000 | 499,250 | 185,950 | 685,200 | 13% |
| Concrete & structural works | 9,052,000 | 670,800 | 256,400 | 927,200 | 10% |
| Mechanical, electrical & plumbing | 7,008,000 | 327,350 | 129,450 | 456,800 | 7% |
| Finishes & external works | 4,380,000 | 130,750 | 52,800 | 183,550 | 4% |
| Testing & commissioning | 1,460,000 | 19,200 | 8,000 | 27,200 | 2% |
| Total | 29,200,000 | 1,968,000 | 751,000 | 2,719,000 | 9% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Eng. Khalil I. Al-Dosari
Al-Dosari2024-09-18
Supervising engineer
Eng. Ibrahim A. Al-Ghamdi
Al-Ghamdi2024-09-20
Project manager
Eng. Shahad M. Al-Malki
Al-Malki2024-09-23
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2024-09-26
Final approver
Dr. Abdullah S. Al-Qahtani
Al-Qahtani2024-09-29