Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 20
- Date
- 2026-07-08
- Hijri
- 23 Muharram 1448 AH
- Reference
- PAY-2026-001
Interim payment certificate no. (20)
For the work of June 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
- Testing & commissioning · MS-G5 Final handover
Certificate summary (SAR)
| 1 | Total value of work completed to date | 2,660,000 |
| 2 | Less: previous certificates | (2,520,000) |
| 3 | Value of work in this certificate | 140,000 |
| 4 | Less: retention (10%) | (14,000) |
| 5 | Less: advance payment recovery (10%) | (14,000) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (28,000) |
| 8 | Net before VAT | 112,000 |
| 9 | Add: value added tax (15%) | 16,800 |
| 10 | Net amount payable to the contractor | 128,800 |
Amount in words: One hundred twenty-eight thousand eight hundred Saudi riyals only
Retention held up to this certificate: SAR 266K — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Preliminaries & mobilisation | 196,000 | 192,900 | 3,100 | 196,000 | 100% |
| Earthworks & foundations | 504,000 | 493,300 | 10,700 | 504,000 | 100% |
| Concrete & structural works | 868,000 | 830,200 | 37,800 | 868,000 | 100% |
| Mechanical, electrical & plumbing | 672,000 | 622,700 | 49,300 | 672,000 | 100% |
| Finishes & external works | 420,000 | 357,200 | 36,200 | 393,400 | 94% |
| Testing & commissioning | 140,000 | 23,700 | 2,900 | 26,600 | 19% |
| Total | 2,800,000 | 2,520,000 | 140,000 | 2,660,000 | 95% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Eng. Samer A. Al-Qahtani
Al-Qahtani2026-07-08
Supervising engineer
Eng. Ibrahim A. Al-Ghamdi
Al-Ghamdi2026-07-10
Project manager
Eng. Waleed O. Al-Juhani
Al-Juhani2026-07-13
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2026-07-16
Final approver
Dr. Abdullah S. Al-Qahtani
Al-Qahtani2026-07-19