Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 3
- Date
- 2025-06-30
- Hijri
- 5 Muharram 1447 AH
- Reference
- PAY-2025-002-03
Interim payment certificate no. (3)
For the work of June 2025
- Contract number
- RC/2025/002
- Supplier-portal reference
- 2503250420
- Contract
- Supply & install smart access, visitor & event management and the monitoring room
- Contractor
- Smart Link Telecom & Security Systems Co.
- Contractor VAT number
- 340303165720003
- Project
- Smart Access, Visitor & Event Management at HQ & the Branches
- Contract period
- 2025-03-02 — 2026-10-31
- Original contract value
- 3,075,000
- Current contract value
- 3,075,000
- Linked milestone
- Earthworks & foundations complete · MS-G2 Designs approved
Certificate summary (SAR)
| 1 | Total value of work completed to date | 374,000 |
| 2 | Less: previous certificates | (222,000) |
| 3 | Value of work in this certificate | 152,000 |
| 4 | Less: retention (10%) | (15,200) |
| 5 | Less: advance payment recovery (10%) | (15,200) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (30,400) |
| 8 | Net before VAT | 121,600 |
| 9 | Add: value added tax (15%) | 18,240 |
| 10 | Net amount payable to the contractor | 139,840 |
Amount in words: One hundred thirty-nine thousand eight hundred forty Saudi riyals only
Retention held up to this certificate: SAR 37.4K — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Preliminaries & mobilisation | 215,250 | 36,600 | 23,750 | 60,350 | 28% |
| Earthworks & foundations | 553,500 | 56,850 | 37,400 | 94,250 | 17% |
| Concrete & structural works | 953,250 | 75,650 | 51,900 | 127,550 | 13% |
| Mechanical, electrical & plumbing | 738,000 | 36,400 | 26,450 | 62,850 | 9% |
| Finishes & external works | 461,250 | 14,400 | 10,850 | 25,250 | 5% |
| Testing & commissioning | 153,750 | 2,100 | 1,650 | 3,750 | 2% |
| Total | 3,075,000 | 222,000 | 152,000 | 374,000 | 12% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Eng. Ammar Y. Bakhashab
Bakhashab2025-06-30
Supervising engineer
Eng. Ibrahim A. Al-Ghamdi
Al-Ghamdi2025-07-02
Project manager
Eng. Waleed O. Al-Juhani
Al-Juhani2025-07-05
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2025-07-08
Final approver
Dr. Abdullah S. Al-Qahtani
Al-Qahtani2025-07-11