Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 7
- Date
- 2025-11-26
- Hijri
- 5 Jumada II 1447 AH
- Reference
- PAY-2025-002-07
Interim payment certificate no. (7)
For the work of November 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
- Structure complete · MS-G3 Build complete
Certificate summary (SAR)
| 1 | Total value of work completed to date | 1,307,500 |
| 2 | Less: previous certificates | (1,035,500) |
| 3 | Value of work in this certificate | 272,000 |
| 4 | Less: retention (10%) | (27,200) |
| 5 | Less: advance payment recovery (10%) | (27,200) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (54,400) |
| 8 | Net before VAT | 217,600 |
| 9 | Add: value added tax (15%) | 32,640 |
| 10 | Net amount payable to the contractor | 250,240 |
Amount in words: Two hundred fifty thousand two hundred forty Saudi riyals only
Retention held up to this certificate: SAR 130.8K — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Preliminaries & mobilisation | 215,250 | 173,550 | 37,600 | 211,150 | 98% |
| Earthworks & foundations | 553,500 | 268,200 | 61,300 | 329,500 | 60% |
| Concrete & structural works | 953,250 | 352,400 | 93,450 | 445,850 | 47% |
| Mechanical, electrical & plumbing | 738,000 | 166,700 | 52,950 | 219,650 | 30% |
| Finishes & external works | 461,250 | 65,250 | 23,000 | 88,250 | 19% |
| Testing & commissioning | 153,750 | 9,400 | 3,700 | 13,100 | 9% |
| Total | 3,075,000 | 1,035,500 | 272,000 | 1,307,500 | 43% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Eng. Ammar Y. Bakhashab
Bakhashab2025-11-26
Supervising engineer
Eng. Ibrahim A. Al-Ghamdi
Al-Ghamdi2025-11-28
Project manager
Eng. Waleed O. Al-Juhani
Al-Juhani2025-12-01
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2025-12-04
Final approver
Dr. Abdullah S. Al-Qahtani
Al-Qahtani2025-12-07