Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 5
- Date
- 2025-01-19
- Hijri
- 19 Rajab 1446 AH
- Reference
- PAY-2024-012-05
Interim payment certificate no. (5)
For the work of December 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 | 194,500 |
| 2 | Less: previous certificates | (140,500) |
| 3 | Value of work in this certificate | 54,000 |
| 4 | Less: retention (5%) | (2,700) |
| 5 | Less: advance payment recovery (10%) | (5,400) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (8,100) |
| 8 | Net before VAT | 45,900 |
| 9 | Add: value added tax (15%) | 6,885 |
| 10 | Net amount payable to the contractor | 52,785 |
Amount in words: Fifty-two thousand seven hundred eighty-five Saudi riyals only
Retention held up to this certificate: SAR 9,725 — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Analysis & design | 66,000 | 32,750 | 10,050 | 42,800 | 65% |
| Licences & platform | 88,000 | 37,550 | 13,000 | 50,550 | 57% |
| Build & configuration | 132,000 | 41,400 | 16,950 | 58,350 | 44% |
| Systems integration | 66,000 | 16,050 | 7,300 | 23,350 | 35% |
| Testing & acceptance | 44,000 | 7,750 | 3,900 | 11,650 | 26% |
| Training & run | 44,000 | 5,000 | 2,800 | 7,800 | 18% |
| Total | 440,000 | 140,500 | 54,000 | 194,500 | 44% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Mona F. Al-Harbi
Al-Harbi2025-01-19
Supervising engineer
Hussam T. Al-Qurashi
Al-Qurashi2025-01-21
Project manager
Dana S. Al-Saleh
Al-Saleh2025-01-24
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2025-01-27
Final approver
Dr. Abdullah S. Al-Qahtani
Al-Qahtani2025-01-30