Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 5
- Date
- 2025-05-16
- Hijri
- 18 Dhuʻl-Qiʻdah 1446 AH
- Reference
- PAY-2024-019-05
Interim payment certificate no. (5)
For the work of April 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 | 1,301,500 |
| 2 | Less: previous certificates | (933,000) |
| 3 | Value of work in this certificate | 368,500 |
| 4 | Less: retention (10%) | (36,850) |
| 5 | Less: advance payment recovery (10%) | (36,850) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (73,700) |
| 8 | Net before VAT | 294,800 |
| 9 | Add: value added tax (15%) | 44,220 |
| 10 | Net amount payable to the contractor | 339,020 |
Amount in words: Three hundred thirty-nine thousand twenty Saudi riyals only
Retention held up to this certificate: SAR 130.2K — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Preliminaries & mobilisation | 831,600 | 152,350 | 57,850 | 210,200 | 25% |
| Earthworks & foundations | 2,138,400 | 237,050 | 90,950 | 328,000 | 15% |
| Concrete & structural works | 3,682,800 | 317,950 | 125,850 | 443,800 | 12% |
| Mechanical, electrical & plumbing | 2,851,200 | 154,800 | 63,850 | 218,650 | 8% |
| Finishes & external works | 1,782,000 | 61,750 | 26,100 | 87,850 | 5% |
| Testing & commissioning | 594,000 | 9,100 | 3,900 | 13,000 | 2% |
| Total | 11,880,000 | 933,000 | 368,500 | 1,301,500 | 11% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Eng. Talal H. Al-Ghamdi
Al-Ghamdi2025-05-16
Supervising engineer
Eng. Ibrahim A. Al-Ghamdi
Al-Ghamdi2025-05-18
Project manager
Eng. Fahad T. Al-Sulami
Al-Sulami2025-05-21
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2025-05-24
Final approver
Dr. Abdullah S. Al-Qahtani
Al-Qahtani2025-05-27