Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 9
- Date
- 2025-07-24
- Hijri
- 29 Muharram 1447 AH
- Reference
- PAY-2024-012-09
Interim payment certificate no. (9)
For the work of July 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
- Hypercare & handover · MS-G5 Final handover
Certificate summary (SAR)
| 1 | Total value of work completed to date | 387,500 |
| 2 | Less: previous certificates | (348,500) |
| 3 | Value of work in this certificate | 39,000 |
| 4 | Less: retention (5%) | (1,950) |
| 5 | Less: advance payment recovery (10%) | (3,900) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (5,850) |
| 8 | Net before VAT | 33,150 |
| 9 | Add: value added tax (15%) | 4,973 |
| 10 | Net amount payable to the contractor | 38,123 |
Amount in words: Thirty-eight thousand one hundred twenty-three Saudi riyals only
Retention held up to this certificate: SAR 19.4K — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Analysis & design | 66,000 | 63,150 | 2,850 | 66,000 | 100% |
| Licences & platform | 88,000 | 81,850 | 6,150 | 88,000 | 100% |
| Build & configuration | 132,000 | 117,400 | 14,600 | 132,000 | 100% |
| Systems integration | 66,000 | 54,100 | 8,650 | 62,750 | 95% |
| Testing & acceptance | 44,000 | 19,400 | 3,850 | 23,250 | 53% |
| Training & run | 44,000 | 12,600 | 2,900 | 15,500 | 35% |
| Total | 440,000 | 348,500 | 39,000 | 387,500 | 88% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Mona F. Al-Harbi
Al-Harbi2025-07-24
Supervising engineer
Hussam T. Al-Qurashi
Al-Qurashi2025-07-26
Project manager
Dana S. Al-Saleh
Al-Saleh2025-07-29
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2025-08-01
Final approver
Munirah A. Al-Khalidi
Al-Khalidi2025-08-04