Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 10
- Date
- 2026-03-18
- Hijri
- 29 Ramadan 1447 AH
- Reference
- PAY-2025-002-10
Interim payment certificate no. (10)
For the work of February 2026
- 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
- MEP systems installed · MS-G4 Testing & acceptance complete
Certificate summary (SAR)
| 1 | Total value of work completed to date | 1,973,500 |
| 2 | Less: previous certificates | (1,753,500) |
| 3 | Value of work in this certificate | 220,000 |
| 4 | Less: retention (10%) | (22,000) |
| 5 | Less: advance payment recovery (10%) | (22,000) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (44,000) |
| 8 | Net before VAT | 176,000 |
| 9 | Add: value added tax (15%) | 26,400 |
| 10 | Net amount payable to the contractor | 202,400 |
Amount in words: Two hundred two thousand four hundred Saudi riyals only
Retention held up to this certificate: SAR 197.4K — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Preliminaries & mobilisation | 215,250 | 198,050 | 17,200 | 215,250 | 100% |
| Earthworks & foundations | 553,500 | 504,800 | 48,700 | 553,500 | 100% |
| Concrete & structural works | 953,250 | 639,500 | 80,750 | 720,250 | 76% |
| Mechanical, electrical & plumbing | 738,000 | 283,700 | 47,850 | 331,550 | 45% |
| Finishes & external works | 461,250 | 111,300 | 21,900 | 133,200 | 29% |
| Testing & commissioning | 153,750 | 16,150 | 3,600 | 19,750 | 13% |
| Total | 3,075,000 | 1,753,500 | 220,000 | 1,973,500 | 64% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Eng. Ammar Y. Bakhashab
Bakhashab2026-03-18
Supervising engineer
Eng. Ibrahim A. Al-Ghamdi
Al-Ghamdi2026-03-20
Project manager
Eng. Waleed O. Al-Juhani
Al-Juhani2026-03-23
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2026-03-26
Final approver
Dr. Abdullah S. Al-Qahtani
Al-Qahtani2026-03-29