Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 6
- Date
- 2025-03-07
- Hijri
- 7 Ramadan 1446 AH
- Reference
- PAY-2024-012-06
Interim payment certificate no. (6)
For the work of February 2025
- 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
- Integration & UAT · MS-G3 Build complete
Certificate summary (SAR)
| 1 | Total value of work completed to date | 244,000 |
| 2 | Less: previous certificates | (194,500) |
| 3 | Value of work in this certificate | 49,500 |
| 4 | Less: retention (5%) | (2,475) |
| 5 | Less: advance payment recovery (10%) | (4,950) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (7,425) |
| 8 | Net before VAT | 42,075 |
| 9 | Add: value added tax (15%) | 6,311 |
| 10 | Net amount payable to the contractor | 48,386 |
Amount in words: Forty-eight thousand three hundred eighty-six Saudi riyals only
Retention held up to this certificate: SAR 12.2K — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Analysis & design | 66,000 | 45,150 | 8,500 | 53,650 | 81% |
| Licences & platform | 88,000 | 51,900 | 11,550 | 63,450 | 72% |
| Build & configuration | 132,000 | 57,400 | 15,800 | 73,200 | 55% |
| Systems integration | 66,000 | 22,300 | 7,000 | 29,300 | 44% |
| Testing & acceptance | 44,000 | 10,800 | 3,850 | 14,650 | 33% |
| Training & run | 44,000 | 6,950 | 2,800 | 9,750 | 22% |
| Total | 440,000 | 194,500 | 49,500 | 244,000 | 55% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Mona F. Al-Harbi
Al-Harbi2025-03-07
Supervising engineer
Hussam T. Al-Qurashi
Al-Qurashi2025-03-09
Project manager
Dana S. Al-Saleh
Al-Saleh2025-03-12
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2025-03-15
Final approver
Munirah A. Al-Khalidi
Al-Khalidi2025-03-18