Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 9
- Date
- 2025-11-13
- Hijri
- 22 Jumada I 1447 AH
- Reference
- PAY-2024-019-09
Interim payment certificate no. (9)
For the work of October 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 | 2,908,000 |
| 2 | Less: previous certificates | (2,515,000) |
| 3 | Value of work in this certificate | 393,000 |
| 4 | Less: retention (10%) | (39,300) |
| 5 | Less: advance payment recovery (10%) | (39,300) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (78,600) |
| 8 | Net before VAT | 314,400 |
| 9 | Add: value added tax (15%) | 47,160 |
| 10 | Net amount payable to the contractor | 361,560 |
Amount in words: Three hundred sixty-one thousand five hundred sixty Saudi riyals only
Retention held up to this certificate: SAR 290.8K — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Preliminaries & mobilisation | 831,600 | 410,600 | 59,000 | 469,600 | 56% |
| Earthworks & foundations | 2,138,400 | 638,900 | 93,900 | 732,800 | 34% |
| Concrete & structural works | 3,682,800 | 857,150 | 134,500 | 991,650 | 27% |
| Mechanical, electrical & plumbing | 2,851,200 | 417,400 | 71,150 | 488,550 | 17% |
| Finishes & external works | 1,782,000 | 166,500 | 29,800 | 196,300 | 11% |
| Testing & commissioning | 594,000 | 24,450 | 4,650 | 29,100 | 5% |
| Total | 11,880,000 | 2,515,000 | 393,000 | 2,908,000 | 24% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Eng. Talal H. Al-Ghamdi
Al-Ghamdi2025-11-13
Supervising engineer
Eng. Ibrahim A. Al-Ghamdi
Al-Ghamdi2025-11-15
Project manager
Eng. Fahad T. Al-Sulami
Al-Sulami2025-11-18
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2025-11-21
Final approver
Dr. Abdullah S. Al-Qahtani
Al-Qahtani2025-11-24