Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 10
- Date
- 2025-09-12
- Hijri
- 20 Rabiʻ I 1447 AH
- Reference
- PAY-2024-022-10
Interim payment certificate no. (10)
For the work of August 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 | 1,361,500 |
| 2 | Less: previous certificates | (1,161,000) |
| 3 | Value of work in this certificate | 200,500 |
| 4 | Less: retention (10%) | (20,050) |
| 5 | Less: advance payment recovery (10%) | (20,050) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (40,100) |
| 8 | Net before VAT | 160,400 |
| 9 | Add: value added tax (15%) | 24,060 |
| 10 | Net amount payable to the contractor | 184,460 |
Amount in words: One hundred eighty-four thousand four hundred sixty Saudi riyals only
Retention held up to this certificate: SAR 136.2K — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Preliminaries & mobilisation | 196,000 | 172,200 | 23,800 | 196,000 | 100% |
| Earthworks & foundations | 504,000 | 319,950 | 47,050 | 367,000 | 73% |
| Concrete & structural works | 868,000 | 395,300 | 68,950 | 464,250 | 53% |
| Mechanical, electrical & plumbing | 672,000 | 188,550 | 40,200 | 228,750 | 34% |
| Finishes & external works | 420,000 | 74,200 | 17,700 | 91,900 | 22% |
| Testing & commissioning | 140,000 | 10,800 | 2,800 | 13,600 | 10% |
| Total | 2,800,000 | 1,161,000 | 200,500 | 1,361,500 | 49% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Eng. Samer A. Al-Qahtani
Al-Qahtani2025-09-12
Supervising engineer
Eng. Ibrahim A. Al-Ghamdi
Al-Ghamdi2025-09-14
Project manager
Eng. Waleed O. Al-Juhani
Al-Juhani2025-09-17
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2025-09-20
Final approver
Dr. Abdullah S. Al-Qahtani
Al-Qahtani2025-09-23