Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 12
- Date
- 2025-11-10
- Hijri
- 19 Jumada I 1447 AH
- Reference
- PAY-2024-022-12
Interim payment certificate no. (12)
For the work of October 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 | 1,701,000 |
| 2 | Less: previous certificates | (1,524,000) |
| 3 | Value of work in this certificate | 177,000 |
| 4 | Less: retention (10%) | (17,700) |
| 5 | Less: advance payment recovery (10%) | (17,700) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (35,400) |
| 8 | Net before VAT | 141,600 |
| 9 | Add: value added tax (15%) | 21,240 |
| 10 | Net amount payable to the contractor | 162,840 |
Amount in words: One hundred sixty-two thousand eight hundred forty Saudi riyals only
Retention held up to this certificate: SAR 170.1K — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Preliminaries & mobilisation | 196,000 | 180,800 | 15,200 | 196,000 | 100% |
| Earthworks & foundations | 504,000 | 461,400 | 42,600 | 504,000 | 100% |
| Concrete & structural works | 868,000 | 522,150 | 61,300 | 583,450 | 67% |
| Mechanical, electrical & plumbing | 672,000 | 247,900 | 37,850 | 285,750 | 43% |
| Finishes & external works | 420,000 | 97,600 | 17,200 | 114,800 | 27% |
| Testing & commissioning | 140,000 | 14,150 | 2,850 | 17,000 | 12% |
| Total | 2,800,000 | 1,524,000 | 177,000 | 1,701,000 | 61% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Eng. Samer A. Al-Qahtani
Al-Qahtani2025-11-10
Supervising engineer
Eng. Ibrahim A. Al-Ghamdi
Al-Ghamdi2025-11-12
Project manager
Eng. Waleed O. Al-Juhani
Al-Juhani2025-11-15
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2025-11-18
Final approver
Dr. Abdullah S. Al-Qahtani
Al-Qahtani2025-11-21