Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 2
- Date
- 2024-06-03
- Hijri
- 26 Dhuʻl-Qiʻdah 1445 AH
- Reference
- PAY-2024-008-02
Interim payment certificate no. (2)
For the work of May 2024
- Contract number
- RC/2024/008
- Supplier-portal reference
- 2401570108
- Contract
- Project management & supervision — Training & Employment Centre complex
- Contractor
- Ma’alem International Project Management
- Contractor VAT number
- 340304288130003
- Project
- Training & Employment Centre Complex
- Contract period
- 2024-03-03 — 2027-06-30
- Original contract value
- 975,000
- Current contract value
- 975,000
- Linked milestone
- Mid-term review · MS-G3 Build complete
Certificate summary (SAR)
| 1 | Total value of work completed to date | 35,000 |
| 2 | Less: previous certificates | (14,500) |
| 3 | Value of work in this certificate | 20,500 |
| 4 | Less: retention (5%) | (1,025) |
| 5 | Less: advance payment recovery (0%) | 0 |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (1,025) |
| 8 | Net before VAT | 19,475 |
| 9 | Add: value added tax (15%) | 2,921 |
| 10 | Net amount payable to the contractor | 22,396 |
Amount in words: Twenty-two thousand three hundred ninety-six Saudi riyals only
Retention held up to this certificate: SAR 1,750 — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Resident engineering staff | 604,500 | 9,050 | 12,750 | 21,800 | 4% |
| Visiting specialists | 175,500 | 2,600 | 3,700 | 6,300 | 4% |
| Laboratory & testing | 117,000 | 1,550 | 2,250 | 3,800 | 3% |
| Reporting & technical office | 78,000 | 1,300 | 1,800 | 3,100 | 4% |
| Total | 975,000 | 14,500 | 20,500 | 35,000 | 4% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Eng. James Harlow
Harlow2024-06-03
Supervising engineer
Haifa S. Al-Ruwaili
Al-Ruwaili2024-06-05
Project manager
Eng. Shahad M. Al-Malki
Al-Malki2024-06-08
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2024-06-11
Final approver
Munirah A. Al-Khalidi
Al-Khalidi2024-06-14