Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 7
- Date
- 2025-06-14
- Hijri
- 18 Dhuʻl-Hijjah 1446 AH
- Reference
- PAY-2024-022-07
Interim payment certificate no. (7)
For the work of May 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
- Structure complete · MS-G3 Build complete
Certificate summary (SAR)
| 1 | Total value of work completed to date | 823,500 |
| 2 | Less: previous certificates | (641,500) |
| 3 | Value of work in this certificate | 182,000 |
| 4 | Less: retention (10%) | (18,200) |
| 5 | Less: advance payment recovery (10%) | (18,200) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (36,400) |
| 8 | Net before VAT | 145,600 |
| 9 | Add: value added tax (15%) | 21,840 |
| 10 | Net amount payable to the contractor | 167,440 |
Amount in words: One hundred sixty-seven thousand four hundred forty Saudi riyals only
Retention held up to this certificate: SAR 82.4K — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Preliminaries & mobilisation | 196,000 | 106,200 | 26,800 | 133,000 | 68% |
| Earthworks & foundations | 504,000 | 164,600 | 42,900 | 207,500 | 41% |
| Concrete & structural works | 868,000 | 218,450 | 62,350 | 280,800 | 32% |
| Mechanical, electrical & plumbing | 672,000 | 104,800 | 33,550 | 138,350 | 21% |
| Finishes & external works | 420,000 | 41,400 | 14,200 | 55,600 | 13% |
| Testing & commissioning | 140,000 | 6,050 | 2,200 | 8,250 | 6% |
| Total | 2,800,000 | 641,500 | 182,000 | 823,500 | 29% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Eng. Samer A. Al-Qahtani
Al-Qahtani2025-06-14
Supervising engineer
Eng. Ibrahim A. Al-Ghamdi
Al-Ghamdi2025-06-16
Project manager
Eng. Waleed O. Al-Juhani
Al-Juhani2025-06-19
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2025-06-22
Final approver
Dr. Abdullah S. Al-Qahtani
Al-Qahtani2025-06-25