Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 3
- Date
- 2025-02-15
- Hijri
- 16 Shaʻban 1446 AH
- Reference
- PAY-2024-022-03
Interim payment certificate no. (3)
For the work of January 2025
- Contract number
- RC/2024/022
- Supplier-portal reference
- 2402550290
- Contract
- Business Centre (Exit 6) branch — rehabilitation works
- Contractor
- United Buildings & Operations Co.
- Contractor VAT number
- 320510488360003
- Project
- Business Centre (Exit 6) Branch Rehabilitation
- Contract period
- 2024-11-03 — 2026-10-31
- Original contract value
- 2,800,000
- Current contract value
- 2,800,000
- Linked milestone
- Earthworks & foundations complete · MS-G2 Designs approved
Certificate summary (SAR)
| 1 | Total value of work completed to date | 234,500 |
| 2 | Less: previous certificates | (141,500) |
| 3 | Value of work in this certificate | 93,000 |
| 4 | Less: retention (10%) | (9,300) |
| 5 | Less: advance payment recovery (10%) | (9,300) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (18,600) |
| 8 | Net before VAT | 74,400 |
| 9 | Add: value added tax (15%) | 11,160 |
| 10 | Net amount payable to the contractor | 85,560 |
Amount in words: Eighty-five thousand five hundred sixty Saudi riyals only
Retention held up to this certificate: SAR 23.5K — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Preliminaries & mobilisation | 196,000 | 23,150 | 14,700 | 37,850 | 19% |
| Earthworks & foundations | 504,000 | 36,050 | 23,050 | 59,100 | 12% |
| Concrete & structural works | 868,000 | 48,200 | 31,750 | 79,950 | 9% |
| Mechanical, electrical & plumbing | 672,000 | 23,400 | 16,000 | 39,400 | 6% |
| Finishes & external works | 420,000 | 9,350 | 6,500 | 15,850 | 4% |
| Testing & commissioning | 140,000 | 1,350 | 1,000 | 2,350 | 2% |
| Total | 2,800,000 | 141,500 | 93,000 | 234,500 | 8% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Eng. Samer A. Al-Qahtani
Al-Qahtani2025-02-15
Supervising engineer
Eng. Ibrahim A. Al-Ghamdi
Al-Ghamdi2025-02-17
Project manager
Eng. Waleed O. Al-Juhani
Al-Juhani2025-02-20
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2025-02-23
Final approver
Dr. Abdullah S. Al-Qahtani
Al-Qahtani2025-02-26