Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 11
- Date
- 2025-10-25
- Hijri
- 3 Jumada I 1447 AH
- Reference
- PAY-2024-012-11
Interim payment certificate no. (11)
For the work of October 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 | 440,000 |
| 2 | Less: previous certificates | (421,000) |
| 3 | Value of work in this certificate | 19,000 |
| 4 | Less: retention (5%) | (950) |
| 5 | Less: advance payment recovery (10%) | (1,900) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (2,850) |
| 8 | Net before VAT | 16,150 |
| 9 | Add: value added tax (15%) | 2,423 |
| 10 | Net amount payable to the contractor | 18,573 |
Amount in words: Eighteen thousand five hundred seventy-three Saudi riyals only
Retention held up to this certificate: SAR 22K — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Analysis & design | 66,000 | 65,050 | 950 | 66,000 | 100% |
| Licences & platform | 88,000 | 86,150 | 1,850 | 88,000 | 100% |
| Build & configuration | 132,000 | 126,400 | 5,600 | 132,000 | 100% |
| Systems integration | 66,000 | 62,250 | 3,750 | 66,000 | 100% |
| Testing & acceptance | 44,000 | 40,900 | 3,100 | 44,000 | 100% |
| Training & run | 44,000 | 40,250 | 3,750 | 44,000 | 100% |
| Total | 440,000 | 421,000 | 19,000 | 440,000 | 100% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Mona F. Al-Harbi
Al-Harbi2025-10-25
Supervising engineer
Hussam T. Al-Qurashi
Al-Qurashi2025-10-27
Project manager
Dana S. Al-Saleh
Al-Saleh2025-10-30
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2025-11-02
Final approver
Munirah A. Al-Khalidi
Al-Khalidi2025-11-05