Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 11
- Date
- 2025-10-11
- Hijri
- 19 Rabiʻ II 1447 AH
- Reference
- PAY-2024-022-11
Interim payment certificate no. (11)
For the work of September 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 | 1,524,000 |
| 2 | Less: previous certificates | (1,361,500) |
| 3 | Value of work in this certificate | 162,500 |
| 4 | Less: retention (10%) | (16,250) |
| 5 | Less: advance payment recovery (10%) | (16,250) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (32,500) |
| 8 | Net before VAT | 130,000 |
| 9 | Add: value added tax (15%) | 19,500 |
| 10 | Net amount payable to the contractor | 149,500 |
Amount in words: One hundred forty-nine thousand five hundred Saudi riyals only
Retention held up to this certificate: SAR 152.4K — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Preliminaries & mobilisation | 196,000 | 179,500 | 16,500 | 196,000 | 100% |
| Earthworks & foundations | 504,000 | 395,050 | 39,100 | 434,150 | 86% |
| Concrete & structural works | 868,000 | 463,750 | 55,950 | 519,700 | 60% |
| Mechanical, electrical & plumbing | 672,000 | 222,500 | 33,550 | 256,050 | 38% |
| Finishes & external works | 420,000 | 87,850 | 15,000 | 102,850 | 24% |
| Testing & commissioning | 140,000 | 12,850 | 2,400 | 15,250 | 11% |
| Total | 2,800,000 | 1,361,500 | 162,500 | 1,524,000 | 54% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Eng. Samer A. Al-Qahtani
Al-Qahtani2025-10-11
Supervising engineer
Eng. Ibrahim A. Al-Ghamdi
Al-Ghamdi2025-10-13
Project manager
Eng. Waleed O. Al-Juhani
Al-Juhani2025-10-16
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2025-10-19
Final approver
Dr. Abdullah S. Al-Qahtani
Al-Qahtani2025-10-22