Chamber → Sector → General Directorate → Department
Dr. Noura M. Al-Otaibi
Director, Project Management Office
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Projects
PRJ-2026-001
PRJ-2026-002
PRJ-2026-004
PRJ-2026-006
RC/2024/018
Terms, guarantees, milestones, variation orders and payment certificates.
From original to current value
The original value and each approved variation
50% of the current value paid
Paid
of a current value of SAR 470K
Engineering supervision of the Business Tower and its foundation and load tests.
Monthly certificates for the approved staff timesheets at the contract unit rates.
Payment period
30 days
Retention
5%
Released at final acceptance
Advance payment
0%
Recovered from certificates
Penalty cap
6%
Of the contract value
Defects liability
Not applicable
After substantial completion
Bar: paid share of the value; gold mark: today
Met: 3 of 3
Integration-ready for the Dynamics 365 supplier portalIntegration-ready
Supplier-portal reference: 2402270238
The integration layer is in place; data exchange starts once the permissions and interfaces are granted.
Bank guarantees and insurance policies with their expiry
See the contract in the project’s finance →