Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 4
- Date
- 2024-12-04
- Hijri
- 3 Jumada II 1446 AH
- Reference
- PAY-2024-012-04
Interim payment certificate no. (4)
For the work of November 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 | 140,500 |
| 2 | Less: previous certificates | (89,500) |
| 3 | Value of work in this certificate | 51,000 |
| 4 | Less: retention (5%) | (2,550) |
| 5 | Less: advance payment recovery (10%) | (5,100) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (7,650) |
| 8 | Net before VAT | 43,350 |
| 9 | Add: value added tax (15%) | 6,503 |
| 10 | Net amount payable to the contractor | 49,853 |
Amount in words: Forty-nine thousand eight hundred fifty-three Saudi riyals only
Retention held up to this certificate: SAR 7,025 — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Analysis & design | 66,000 | 20,800 | 10,100 | 30,900 | 47% |
| Licences & platform | 88,000 | 23,900 | 12,650 | 36,550 | 42% |
| Build & configuration | 132,000 | 26,400 | 15,750 | 42,150 | 32% |
| Systems integration | 66,000 | 10,250 | 6,600 | 16,850 | 26% |
| Testing & acceptance | 44,000 | 5,000 | 3,450 | 8,450 | 19% |
| Training & run | 44,000 | 3,150 | 2,450 | 5,600 | 13% |
| Total | 440,000 | 89,500 | 51,000 | 140,500 | 32% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Mona F. Al-Harbi
Al-Harbi2024-12-04
Supervising engineer
Hussam T. Al-Qurashi
Al-Qurashi2024-12-06
Project manager
Dana S. Al-Saleh
Al-Saleh2024-12-09
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2024-12-12
Final approver
Munirah A. Al-Khalidi
Al-Khalidi2024-12-15