Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 9
- Date
- 2026-03-31
- Hijri
- 12 Shawwal 1447 AH
- Reference
- PAY-2025-003-09
Interim payment certificate no. (9)
For the work of March 2026
- Contract number
- RC/2025/003
- Supplier-portal reference
- 2503320433
- Contract
- Chamber ERP on Dynamics 365 — supply & implementation
- Contractor
- Integrated Business Systems Co.
- Contractor VAT number
- 310104366820003
- Project
- Chamber ERP on Dynamics 365
- Contract period
- 2025-02-02 — 2026-12-31
- Original contract value
- 2,060,000
- Current contract value
- 2,060,000
- Linked milestone
- Integration & UAT · MS-G3 Build complete
Certificate summary (SAR)
| 1 | Total value of work completed to date | 986,500 |
| 2 | Less: previous certificates | (865,500) |
| 3 | Value of work in this certificate | 121,000 |
| 4 | Less: retention (10%) | (12,100) |
| 5 | Less: advance payment recovery (10%) | (12,100) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (24,200) |
| 8 | Net before VAT | 96,800 |
| 9 | Add: value added tax (15%) | 14,520 |
| 10 | Net amount payable to the contractor | 111,320 |
Amount in words: One hundred eleven thousand three hundred twenty Saudi riyals only
Retention held up to this certificate: SAR 98.7K — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Analysis & design | 309,000 | 195,000 | 22,000 | 217,000 | 70% |
| Licences & platform | 412,000 | 227,650 | 28,850 | 256,500 | 62% |
| Build & configuration | 618,000 | 257,750 | 38,200 | 295,950 | 48% |
| Systems integration | 309,000 | 101,800 | 16,600 | 118,400 | 38% |
| Testing & acceptance | 206,000 | 50,250 | 8,950 | 59,200 | 29% |
| Training & run | 206,000 | 33,050 | 6,400 | 39,450 | 19% |
| Total | 2,060,000 | 865,500 | 121,000 | 986,500 | 48% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Mona F. Al-Harbi
Al-Harbi2026-03-31
Supervising engineer
Hussam T. Al-Qurashi
Al-Qurashi2026-04-02
Project manager
Dana S. Al-Saleh
Al-Saleh2026-04-05
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2026-04-08
Final approver
Dr. Abdullah S. Al-Qahtani
Al-Qahtani2026-04-11