Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 6
- Date
- 2025-06-30
- Hijri
- 5 Muharram 1447 AH
- Reference
- PAY-2024-019-06
Interim payment certificate no. (6)
For the work of June 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
- Structure complete · MS-G3 Build complete
Certificate summary (SAR)
| 1 | Total value of work completed to date | 1,657,000 |
| 2 | Less: previous certificates | (1,301,500) |
| 3 | Value of work in this certificate | 355,500 |
| 4 | Less: retention (10%) | (35,550) |
| 5 | Less: advance payment recovery (10%) | (35,550) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (71,100) |
| 8 | Net before VAT | 284,400 |
| 9 | Add: value added tax (15%) | 42,660 |
| 10 | Net amount payable to the contractor | 327,060 |
Amount in words: Three hundred twenty-seven thousand sixty Saudi riyals only
Retention held up to this certificate: SAR 165.7K — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Preliminaries & mobilisation | 831,600 | 212,300 | 55,300 | 267,600 | 32% |
| Earthworks & foundations | 2,138,400 | 330,400 | 87,150 | 417,550 | 20% |
| Concrete & structural works | 3,682,800 | 443,600 | 121,450 | 565,050 | 15% |
| Mechanical, electrical & plumbing | 2,851,200 | 216,250 | 62,150 | 278,400 | 10% |
| Finishes & external works | 1,782,000 | 86,300 | 25,550 | 111,850 | 6% |
| Testing & commissioning | 594,000 | 12,650 | 3,900 | 16,550 | 3% |
| Total | 11,880,000 | 1,301,500 | 355,500 | 1,657,000 | 14% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Eng. Talal H. Al-Ghamdi
Al-Ghamdi2025-06-30
Supervising engineer
Eng. Ibrahim A. Al-Ghamdi
Al-Ghamdi2025-07-02
Project manager
Eng. Fahad T. Al-Sulami
Al-Sulami2025-07-05
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2025-07-08
Final approver
Dr. Abdullah S. Al-Qahtani
Al-Qahtani2025-07-11