Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 4
- Date
- 2025-08-06
- Hijri
- 12 Safar 1447 AH
- Reference
- PAY-2025-002-04
Interim payment certificate no. (4)
For the work of July 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 | 586,500 |
| 2 | Less: previous certificates | (374,000) |
| 3 | Value of work in this certificate | 212,500 |
| 4 | Less: retention (10%) | (21,250) |
| 5 | Less: advance payment recovery (10%) | (21,250) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (42,500) |
| 8 | Net before VAT | 170,000 |
| 9 | Add: value added tax (15%) | 25,500 |
| 10 | Net amount payable to the contractor | 195,500 |
Amount in words: One hundred ninety-five thousand five hundred Saudi riyals only
Retention held up to this certificate: SAR 58.7K — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Preliminaries & mobilisation | 215,250 | 62,200 | 32,500 | 94,700 | 44% |
| Earthworks & foundations | 553,500 | 96,300 | 51,500 | 147,800 | 27% |
| Concrete & structural works | 953,250 | 127,350 | 72,650 | 200,000 | 21% |
| Mechanical, electrical & plumbing | 738,000 | 60,800 | 37,750 | 98,550 | 13% |
| Finishes & external works | 461,250 | 23,950 | 15,650 | 39,600 | 9% |
| Testing & commissioning | 153,750 | 3,400 | 2,450 | 5,850 | 4% |
| Total | 3,075,000 | 374,000 | 212,500 | 586,500 | 19% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Eng. Ammar Y. Bakhashab
Bakhashab2025-08-06
Supervising engineer
Eng. Ibrahim A. Al-Ghamdi
Al-Ghamdi2025-08-08
Project manager
Eng. Waleed O. Al-Juhani
Al-Juhani2025-08-11
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2025-08-14
Final approver
Dr. Abdullah S. Al-Qahtani
Al-Qahtani2025-08-17