Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 12
- Date
- 2026-01-03
- Hijri
- 14 Rajab 1447 AH
- Reference
- PAY-2024-018-12
Interim payment certificate no. (12)
For the work of December 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 | 170,000 |
| 2 | Less: previous certificates | (153,000) |
| 3 | Value of work in this certificate | 17,000 |
| 4 | Less: retention (5%) | (850) |
| 5 | Less: advance payment recovery (0%) | 0 |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (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 8,500 — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Resident engineering staff | 291,400 | 95,500 | 10,600 | 106,100 | 36% |
| Visiting specialists | 84,600 | 27,550 | 3,050 | 30,600 | 36% |
| Laboratory & testing | 56,400 | 16,450 | 1,900 | 18,350 | 33% |
| Reporting & technical office | 37,600 | 13,500 | 1,450 | 14,950 | 40% |
| Total | 470,000 | 153,000 | 17,000 | 170,000 | 36% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Eng. Nader F. Al-Asiri
Al-Asiri2026-01-03
Supervising engineer
Haifa S. Al-Ruwaili
Al-Ruwaili2026-01-05
Project manager
Eng. Ahmed Y. Asiri
Asiri2026-01-08
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2026-01-11
Final approver
Munirah A. Al-Khalidi
Al-Khalidi2026-01-14