Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 1
- Date
- 2024-07-17
- Hijri
- 11 Muharram 1446 AH
- Reference
- PAY-2024-012-01
Interim payment certificate no. (1)
For the work of June 2024
- Contract number
- RC/2024/012
- Supplier-portal reference
- 2401850160
- Contract
- HR self-service implementation
- Contractor
- Integrated Business Systems Co.
- Contractor VAT number
- 310104366820003
- Project
- HR Self-Service
- Contract period
- 2024-06-02 — 2025-09-30
- Original contract value
- 440,000
- Current contract value
- 440,000
- Linked milestone
- Inception & requirements · MS-G1 Project plan approved
Certificate summary (SAR)
| 1 | Total value of work completed to date | 20,000 |
| 2 | Less: previous certificates | 0 |
| 3 | Value of work in this certificate | 20,000 |
| 4 | Less: retention (5%) | (1,000) |
| 5 | Less: advance payment recovery (10%) | (2,000) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (3,000) |
| 8 | Net before VAT | 17,000 |
| 9 | Add: value added tax (15%) | 2,550 |
| 10 | Net amount payable to the contractor | 19,550 |
Amount in words: Nineteen thousand five hundred fifty Saudi riyals only
Retention held up to this certificate: SAR 1,000 — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Analysis & design | 66,000 | 0 | 4,400 | 4,400 | 7% |
| Licences & platform | 88,000 | 0 | 5,200 | 5,200 | 6% |
| Build & configuration | 132,000 | 0 | 6,000 | 6,000 | 5% |
| Systems integration | 66,000 | 0 | 2,400 | 2,400 | 4% |
| Testing & acceptance | 44,000 | 0 | 1,200 | 1,200 | 3% |
| Training & run | 44,000 | 0 | 800 | 800 | 2% |
| Total | 440,000 | 0 | 20,000 | 20,000 | 5% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Mona F. Al-Harbi
Al-Harbi2024-07-17
Supervising engineer
Hussam T. Al-Qurashi
Al-Qurashi2024-07-19
Project manager
Dana S. Al-Saleh
Al-Saleh2024-07-22
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2024-07-25
Final approver
Munirah A. Al-Khalidi
Al-Khalidi2024-07-28