Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 9
- Date
- 2025-08-13
- Hijri
- 19 Safar 1447 AH
- Reference
- PAY-2024-022-09
Interim payment certificate no. (9)
For the work of July 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 | 1,161,000 |
| 2 | Less: previous certificates | (990,000) |
| 3 | Value of work in this certificate | 171,000 |
| 4 | Less: retention (10%) | (17,100) |
| 5 | Less: advance payment recovery (10%) | (17,100) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (34,200) |
| 8 | Net before VAT | 136,800 |
| 9 | Add: value added tax (15%) | 20,520 |
| 10 | Net amount payable to the contractor | 157,320 |
Amount in words: One hundred fifty-seven thousand three hundred twenty Saudi riyals only
Retention held up to this certificate: SAR 116.1K — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Preliminaries & mobilisation | 196,000 | 163,750 | 23,800 | 187,550 | 96% |
| Earthworks & foundations | 504,000 | 253,850 | 38,700 | 292,550 | 58% |
| Concrete & structural works | 868,000 | 337,150 | 58,750 | 395,900 | 46% |
| Mechanical, electrical & plumbing | 672,000 | 161,900 | 33,150 | 195,050 | 29% |
| Finishes & external works | 420,000 | 64,000 | 14,350 | 78,350 | 19% |
| Testing & commissioning | 140,000 | 9,350 | 2,250 | 11,600 | 8% |
| Total | 2,800,000 | 990,000 | 171,000 | 1,161,000 | 41% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Eng. Samer A. Al-Qahtani
Al-Qahtani2025-08-13
Supervising engineer
Eng. Ibrahim A. Al-Ghamdi
Al-Ghamdi2025-08-15
Project manager
Eng. Waleed O. Al-Juhani
Al-Juhani2025-08-18
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2025-08-21
Final approver
Dr. Abdullah S. Al-Qahtani
Al-Qahtani2025-08-24