Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 5
- Date
- 2024-10-24
- Hijri
- 21 Rabiʻ II 1446 AH
- Reference
- PAY-2024-008-05
Interim payment certificate no. (5)
For the work of October 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 | 122,000 |
| 2 | Less: previous certificates | (88,000) |
| 3 | Value of work in this certificate | 34,000 |
| 4 | Less: retention (5%) | (1,700) |
| 5 | Less: advance payment recovery (0%) | 0 |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (1,700) |
| 8 | Net before VAT | 32,300 |
| 9 | Add: value added tax (15%) | 4,845 |
| 10 | Net amount payable to the contractor | 37,145 |
Amount in words: Thirty-seven thousand one hundred forty-five Saudi riyals only
Retention held up to this certificate: SAR 6,100 — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Resident engineering staff | 604,500 | 54,900 | 21,200 | 76,100 | 13% |
| Visiting specialists | 175,500 | 15,850 | 6,100 | 21,950 | 13% |
| Laboratory & testing | 117,000 | 9,500 | 3,700 | 13,200 | 11% |
| Reporting & technical office | 78,000 | 7,750 | 3,000 | 10,750 | 14% |
| Total | 975,000 | 88,000 | 34,000 | 122,000 | 13% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Eng. James Harlow
Harlow2024-10-24
Supervising engineer
Haifa S. Al-Ruwaili
Al-Ruwaili2024-10-26
Project manager
Eng. Shahad M. Al-Malki
Al-Malki2024-10-29
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2024-11-01
Final approver
Munirah A. Al-Khalidi
Al-Khalidi2024-11-04