Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 5
- Date
- 2025-04-16
- Hijri
- 18 Shawwal 1446 AH
- Reference
- PAY-2024-022-05
Interim payment certificate no. (5)
For the work of March 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 | 502,500 |
| 2 | Less: previous certificates | (361,500) |
| 3 | Value of work in this certificate | 141,000 |
| 4 | Less: retention (10%) | (14,100) |
| 5 | Less: advance payment recovery (10%) | (14,100) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (28,200) |
| 8 | Net before VAT | 112,800 |
| 9 | Add: value added tax (15%) | 16,920 |
| 10 | Net amount payable to the contractor | 129,720 |
Amount in words: One hundred twenty-nine thousand seven hundred twenty Saudi riyals only
Retention held up to this certificate: SAR 50.3K — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Preliminaries & mobilisation | 196,000 | 59,500 | 21,650 | 81,150 | 41% |
| Earthworks & foundations | 504,000 | 92,400 | 34,250 | 126,650 | 25% |
| Concrete & structural works | 868,000 | 123,150 | 48,200 | 171,350 | 20% |
| Mechanical, electrical & plumbing | 672,000 | 59,450 | 24,950 | 84,400 | 13% |
| Finishes & external works | 420,000 | 23,550 | 10,350 | 33,900 | 8% |
| Testing & commissioning | 140,000 | 3,450 | 1,600 | 5,050 | 4% |
| Total | 2,800,000 | 361,500 | 141,000 | 502,500 | 18% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Eng. Samer A. Al-Qahtani
Al-Qahtani2025-04-16
Supervising engineer
Eng. Ibrahim A. Al-Ghamdi
Al-Ghamdi2025-04-18
Project manager
Eng. Waleed O. Al-Juhani
Al-Juhani2025-04-21
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2025-04-24
Final approver
Dr. Abdullah S. Al-Qahtani
Al-Qahtani2025-04-27