Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 8
- Date
- 2025-07-14
- Hijri
- 19 Muharram 1447 AH
- Reference
- PAY-2024-022-08
Interim payment certificate no. (8)
For the work of June 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 | 990,000 |
| 2 | Less: previous certificates | (823,500) |
| 3 | Value of work in this certificate | 166,500 |
| 4 | Less: retention (10%) | (16,650) |
| 5 | Less: advance payment recovery (10%) | (16,650) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (33,300) |
| 8 | Net before VAT | 133,200 |
| 9 | Add: value added tax (15%) | 19,980 |
| 10 | Net amount payable to the contractor | 153,180 |
Amount in words: One hundred fifty-three thousand one hundred eighty Saudi riyals only
Retention held up to this certificate: SAR 99K — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Preliminaries & mobilisation | 196,000 | 135,950 | 23,900 | 159,850 | 82% |
| Earthworks & foundations | 504,000 | 211,000 | 38,500 | 249,500 | 50% |
| Concrete & structural works | 868,000 | 280,500 | 57,100 | 337,600 | 39% |
| Mechanical, electrical & plumbing | 672,000 | 134,900 | 31,400 | 166,300 | 25% |
| Finishes & external works | 420,000 | 53,400 | 13,450 | 66,850 | 16% |
| Testing & commissioning | 140,000 | 7,750 | 2,150 | 9,900 | 7% |
| Total | 2,800,000 | 823,500 | 166,500 | 990,000 | 35% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Eng. Samer A. Al-Qahtani
Al-Qahtani2025-07-14
Supervising engineer
Eng. Ibrahim A. Al-Ghamdi
Al-Ghamdi2025-07-16
Project manager
Eng. Waleed O. Al-Juhani
Al-Juhani2025-07-19
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2025-07-22
Final approver
Dr. Abdullah S. Al-Qahtani
Al-Qahtani2025-07-25