Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 17
- Date
- 2026-08-21
- Hijri
- 8 Rabiʻ I 1448 AH
- Reference
- PAY-2024-018-17
Interim payment certificate no. (17)
For the work of August 2026
- 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
- Supervision to substantial completion · MS-G5 Final handover
Certificate summary (SAR)
| 1 | Total value of work completed to date | 230,000 |
| 2 | Less: previous certificates | (222,500) |
| 3 | Value of work in this certificate | 7,500 |
| 4 | Less: retention (5%) | (375) |
| 5 | Less: advance payment recovery (0%) | 0 |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (375) |
| 8 | Net before VAT | 7,125 |
| 9 | Add: value added tax (15%) | 1,069 |
| 10 | Net amount payable to the contractor | 8,194 |
Amount in words: Eight thousand one hundred ninety-four Saudi riyals only
Retention held up to this certificate: SAR 11.5K — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Resident engineering staff | 291,400 | 138,800 | 4,700 | 143,500 | 49% |
| Visiting specialists | 84,600 | 40,050 | 1,350 | 41,400 | 49% |
| Laboratory & testing | 56,400 | 24,000 | 850 | 24,850 | 44% |
| Reporting & technical office | 37,600 | 19,650 | 600 | 20,250 | 54% |
| Total | 470,000 | 222,500 | 7,500 | 230,000 | 49% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Eng. Nader F. Al-Asiri
Al-Asiri2026-08-21
Supervising engineer
Haifa S. Al-Ruwaili
Al-Ruwaili2026-08-23
Project manager
Eng. Ahmed Y. Asiri
Asiri2026-08-26
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2026-08-29
Final approver
Munirah A. Al-Khalidi
Al-Khalidi2026-09-01