Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 5
- Date
- 2025-02-15
- Hijri
- 16 Shaʻban 1446 AH
- Reference
- PAY-2024-018-05
Interim payment certificate no. (5)
For the work of January 2025
- Contract number
- RC/2024/018
- Supplier-portal reference
- 2402270238
- Contract
- Supervision — chamber investment building
- Contractor
- Bait Al-Khebra Engineering Consultants
- Contractor VAT number
- 310101872060003
- Project
- The Chamber’s Investment Building — Business Tower on King Fahd Road
- Contract period
- 2024-07-01 — 2027-08-31
- Original contract value
- 470,000
- Current contract value
- 470,000
- Linked milestone
- Mid-term review · MS-G3 Build complete
Certificate summary (SAR)
| 1 | Total value of work completed to date | 51,500 |
| 2 | Less: previous certificates | (37,000) |
| 3 | Value of work in this certificate | 14,500 |
| 4 | Less: retention (5%) | (725) |
| 5 | Less: advance payment recovery (0%) | 0 |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (725) |
| 8 | Net before VAT | 13,775 |
| 9 | Add: value added tax (15%) | 2,066 |
| 10 | Net amount payable to the contractor | 15,841 |
Amount in words: Fifteen thousand eight hundred forty-one Saudi riyals only
Retention held up to this certificate: SAR 2,575 — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Resident engineering staff | 291,400 | 23,100 | 9,050 | 32,150 | 11% |
| Visiting specialists | 84,600 | 6,650 | 2,600 | 9,250 | 11% |
| Laboratory & testing | 56,400 | 4,000 | 1,550 | 5,550 | 10% |
| Reporting & technical office | 37,600 | 3,250 | 1,300 | 4,550 | 12% |
| Total | 470,000 | 37,000 | 14,500 | 51,500 | 11% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Eng. Nader F. Al-Asiri
Al-Asiri2025-02-15
Supervising engineer
Haifa S. Al-Ruwaili
Al-Ruwaili2025-02-17
Project manager
Eng. Ahmed Y. Asiri
Asiri2025-02-20
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2025-02-23
Final approver
Munirah A. Al-Khalidi
Al-Khalidi2025-02-26