Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 3
- Date
- 2024-10-18
- Hijri
- 15 Rabiʻ II 1446 AH
- Reference
- PAY-2024-012-03
Interim payment certificate no. (3)
For the work of September 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
- Release 1 built · MS-G3 Build complete
Certificate summary (SAR)
| 1 | Total value of work completed to date | 89,500 |
| 2 | Less: previous certificates | (53,000) |
| 3 | Value of work in this certificate | 36,500 |
| 4 | Less: retention (5%) | (1,825) |
| 5 | Less: advance payment recovery (10%) | (3,650) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (5,475) |
| 8 | Net before VAT | 31,025 |
| 9 | Add: value added tax (15%) | 4,654 |
| 10 | Net amount payable to the contractor | 35,679 |
Amount in words: Thirty-five thousand six hundred seventy-nine Saudi riyals only
Retention held up to this certificate: SAR 4,475 — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Analysis & design | 66,000 | 12,100 | 7,600 | 19,700 | 30% |
| Licences & platform | 88,000 | 14,050 | 9,200 | 23,250 | 26% |
| Build & configuration | 132,000 | 15,700 | 11,150 | 26,850 | 20% |
| Systems integration | 66,000 | 6,150 | 4,600 | 10,750 | 16% |
| Testing & acceptance | 44,000 | 3,000 | 2,350 | 5,350 | 12% |
| Training & run | 44,000 | 2,000 | 1,600 | 3,600 | 8% |
| Total | 440,000 | 53,000 | 36,500 | 89,500 | 20% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Mona F. Al-Harbi
Al-Harbi2024-10-18
Supervising engineer
Hussam T. Al-Qurashi
Al-Qurashi2024-10-20
Project manager
Dana S. Al-Saleh
Al-Saleh2024-10-23
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2024-10-26
Final approver
Munirah A. Al-Khalidi
Al-Khalidi2024-10-29