Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 7
- Date
- 2025-04-22
- Hijri
- 24 Shawwal 1446 AH
- Reference
- PAY-2024-012-07
Interim payment certificate no. (7)
For the work of April 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 | 302,500 |
| 2 | Less: previous certificates | (244,000) |
| 3 | Value of work in this certificate | 58,500 |
| 4 | Less: retention (5%) | (2,925) |
| 5 | Less: advance payment recovery (10%) | (5,850) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (8,775) |
| 8 | Net before VAT | 49,725 |
| 9 | Add: value added tax (15%) | 7,459 |
| 10 | Net amount payable to the contractor | 57,184 |
Amount in words: Fifty-seven thousand one hundred eighty-four Saudi riyals only
Retention held up to this certificate: SAR 15.1K — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Analysis & design | 66,000 | 57,300 | 8,700 | 66,000 | 100% |
| Licences & platform | 88,000 | 66,200 | 13,000 | 79,200 | 90% |
| Build & configuration | 132,000 | 71,550 | 19,200 | 90,750 | 69% |
| Systems integration | 66,000 | 27,450 | 8,850 | 36,300 | 55% |
| Testing & acceptance | 44,000 | 13,150 | 5,000 | 18,150 | 41% |
| Training & run | 44,000 | 8,350 | 3,750 | 12,100 | 28% |
| Total | 440,000 | 244,000 | 58,500 | 302,500 | 69% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Mona F. Al-Harbi
Al-Harbi2025-04-22
Supervising engineer
Hussam T. Al-Qurashi
Al-Qurashi2025-04-24
Project manager
Dana S. Al-Saleh
Al-Saleh2025-04-27
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2025-04-30
Final approver
Dr. Abdullah S. Al-Qahtani
Al-Qahtani2025-05-03