Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 17
- Date
- 2026-04-08
- Hijri
- 20 Shawwal 1447 AH
- Reference
- PAY-2024-022-17
Interim payment certificate no. (17)
For the work of March 2026
- 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
- MEP systems installed · MS-G4 Testing & acceptance complete
Certificate summary (SAR)
| 1 | Total value of work completed to date | 2,377,000 |
| 2 | Less: previous certificates | (2,282,500) |
| 3 | Value of work in this certificate | 94,500 |
| 4 | Less: retention (10%) | (9,450) |
| 5 | Less: advance payment recovery (10%) | (9,450) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (18,900) |
| 8 | Net before VAT | 75,600 |
| 9 | Add: value added tax (15%) | 11,340 |
| 10 | Net amount payable to the contractor | 86,940 |
Amount in words: Eighty-six thousand nine hundred forty Saudi riyals only
Retention held up to this certificate: SAR 237.7K — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Preliminaries & mobilisation | 196,000 | 192,450 | 3,550 | 196,000 | 100% |
| Earthworks & foundations | 504,000 | 492,500 | 11,500 | 504,000 | 100% |
| Concrete & structural works | 868,000 | 836,000 | 32,000 | 868,000 | 100% |
| Mechanical, electrical & plumbing | 672,000 | 590,000 | 34,800 | 624,800 | 93% |
| Finishes & external works | 420,000 | 149,650 | 10,800 | 160,450 | 38% |
| Testing & commissioning | 140,000 | 21,900 | 1,850 | 23,750 | 17% |
| Total | 2,800,000 | 2,282,500 | 94,500 | 2,377,000 | 85% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Eng. Samer A. Al-Qahtani
Al-Qahtani2026-04-08
Supervising engineer
Eng. Ibrahim A. Al-Ghamdi
Al-Ghamdi2026-04-10
Project manager
Eng. Waleed O. Al-Juhani
Al-Juhani2026-04-13
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2026-04-16
Final approver
Dr. Abdullah S. Al-Qahtani
Al-Qahtani2026-04-19