Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 3
- Date
- 2025-02-14
- Hijri
- 15 Shaʻban 1446 AH
- Reference
- PAY-2024-019-03
Interim payment certificate no. (3)
For the work of January 2025
- Contract number
- RC/2024/019
- Supplier-portal reference
- 2402340251
- Contract
- Second Industrial City branch — civil & ground-improvement works
- Contractor
- Coastline Contracting & Development Co.
- Contractor VAT number
- 340303951060003
- Project
- Chamber Branch & Manufacturers’ Service Centre — Second Industrial City
- Contract period
- 2024-10-01 — 2027-03-31
- Original contract value
- 11,400,000
- Current contract value
- 11,880,000including variations of SAR 480K
- Linked milestone
- Earthworks & foundations complete · MS-G2 Designs approved
Certificate summary (SAR)
| 1 | Total value of work completed to date | 598,000 |
| 2 | Less: previous certificates | (357,000) |
| 3 | Value of work in this certificate | 241,000 |
| 4 | Less: retention (10%) | (24,100) |
| 5 | Less: advance payment recovery (10%) | (24,100) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (48,200) |
| 8 | Net before VAT | 192,800 |
| 9 | Add: value added tax (15%) | 28,920 |
| 10 | Net amount payable to the contractor | 221,720 |
Amount in words: Two hundred twenty-one thousand seven hundred twenty Saudi riyals only
Retention held up to this certificate: SAR 59.8K — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Preliminaries & mobilisation | 831,600 | 58,150 | 38,450 | 96,600 | 12% |
| Earthworks & foundations | 2,138,400 | 90,500 | 60,200 | 150,700 | 7% |
| Concrete & structural works | 3,682,800 | 121,650 | 82,250 | 203,900 | 6% |
| Mechanical, electrical & plumbing | 2,851,200 | 59,400 | 41,050 | 100,450 | 4% |
| Finishes & external works | 1,782,000 | 23,750 | 16,600 | 40,350 | 2% |
| Testing & commissioning | 594,000 | 3,550 | 2,450 | 6,000 | 1% |
| Total | 11,880,000 | 357,000 | 241,000 | 598,000 | 5% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Eng. Talal H. Al-Ghamdi
Al-Ghamdi2025-02-14
Supervising engineer
Eng. Ibrahim A. Al-Ghamdi
Al-Ghamdi2025-02-16
Project manager
Eng. Fahad T. Al-Sulami
Al-Sulami2025-02-19
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2025-02-22
Final approver
Dr. Abdullah S. Al-Qahtani
Al-Qahtani2025-02-25