Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 3
- Date
- 2024-07-21
- Hijri
- 15 Muharram 1446 AH
- Reference
- PAY-2024-008-03
Interim payment certificate no. (3)
For the work of July 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 | 57,500 |
| 2 | Less: previous certificates | (35,000) |
| 3 | Value of work in this certificate | 22,500 |
| 4 | Less: retention (5%) | (1,125) |
| 5 | Less: advance payment recovery (0%) | 0 |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (1,125) |
| 8 | Net before VAT | 21,375 |
| 9 | Add: value added tax (15%) | 3,206 |
| 10 | Net amount payable to the contractor | 24,581 |
Amount in words: Twenty-four thousand five hundred eighty-one Saudi riyals only
Retention held up to this certificate: SAR 2,875 — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Resident engineering staff | 604,500 | 21,850 | 14,050 | 35,900 | 6% |
| Visiting specialists | 175,500 | 6,300 | 4,050 | 10,350 | 6% |
| Laboratory & testing | 117,000 | 3,750 | 2,450 | 6,200 | 5% |
| Reporting & technical office | 78,000 | 3,100 | 1,950 | 5,050 | 6% |
| Total | 975,000 | 35,000 | 22,500 | 57,500 | 6% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Eng. James Harlow
Harlow2024-07-21
Supervising engineer
Haifa S. Al-Ruwaili
Al-Ruwaili2024-07-23
Project manager
Eng. Shahad M. Al-Malki
Al-Malki2024-07-26
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2024-07-29
Final approver
Munirah A. Al-Khalidi
Al-Khalidi2024-08-01