Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 21
- Date
- 2026-10-25
- Hijri
- 14 Jumada I 1448 AH
- Reference
- PAY-2026-024
Interim payment certificate no. (21)
For the work of October 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
- Substantial completion · MS-G5 Final handover
Certificate summary (SAR)
| 1 | Total value of work completed to date | 2,732,500 |
| 2 | Less: previous certificates | (2,660,000) |
| 3 | Value of work in this certificate | 72,500 |
| 4 | Less: retention (10%) | (7,250) |
| 5 | Less: advance payment recovery (10%) | (7,250) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (14,500) |
| 8 | Net before VAT | 58,000 |
| 9 | Add: value added tax (15%) | 8,700 |
| 10 | Net amount payable to the contractor | 66,700 |
Amount in words: Sixty-six thousand seven hundred Saudi riyals only
Retention held up to this certificate: SAR 273.3K — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Preliminaries & mobilisation | 196,000 | 194,450 | 1,550 | 196,000 | 100% |
| Earthworks & foundations | 504,000 | 499,300 | 4,700 | 504,000 | 100% |
| Concrete & structural works | 868,000 | 849,800 | 18,200 | 868,000 | 100% |
| Mechanical, electrical & plumbing | 672,000 | 647,450 | 24,550 | 672,000 | 100% |
| Finishes & external works | 420,000 | 400,550 | 19,450 | 420,000 | 100% |
| Testing & commissioning | 140,000 | 68,450 | 4,050 | 72,500 | 52% |
| Total | 2,800,000 | 2,660,000 | 72,500 | 2,732,500 | 98% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Eng. Samer A. Al-Qahtani
Al-Qahtani2026-10-25
Supervising engineer
Eng. Ibrahim A. Al-Ghamdi
Awaiting signature
Project manager
Eng. Waleed O. Al-Juhani
Later
Finance & contracts
Khalid N. Al-Mutairi
Later
Final approver
Dr. Abdullah S. Al-Qahtani
Later