Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 10
- Date
- 2026-05-18
- Hijri
- 1 Dhuʻl-Hijjah 1447 AH
- Reference
- PAY-2025-003-10
Interim payment certificate no. (10)
For the work of April 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 | 1,110,500 |
| 2 | Less: previous certificates | (986,500) |
| 3 | Value of work in this certificate | 124,000 |
| 4 | Less: retention (10%) | (12,400) |
| 5 | Less: advance payment recovery (10%) | (12,400) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (24,800) |
| 8 | Net before VAT | 99,200 |
| 9 | Add: value added tax (15%) | 14,880 |
| 10 | Net amount payable to the contractor | 114,080 |
Amount in words: One hundred fourteen thousand eighty Saudi riyals only
Retention held up to this certificate: SAR 111.1K — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Analysis & design | 309,000 | 222,700 | 21,600 | 244,300 | 79% |
| Licences & platform | 412,000 | 259,700 | 29,050 | 288,750 | 70% |
| Build & configuration | 618,000 | 293,600 | 39,550 | 333,150 | 54% |
| Systems integration | 309,000 | 115,850 | 17,400 | 133,250 | 43% |
| Testing & acceptance | 206,000 | 57,150 | 9,500 | 66,650 | 32% |
| Training & run | 206,000 | 37,500 | 6,900 | 44,400 | 22% |
| Total | 2,060,000 | 986,500 | 124,000 | 1,110,500 | 54% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Mona F. Al-Harbi
Al-Harbi2026-05-18
Supervising engineer
Hussam T. Al-Qurashi
Al-Qurashi2026-05-20
Project manager
Dana S. Al-Saleh
Al-Saleh2026-05-23
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2026-05-26
Final approver
Dr. Abdullah S. Al-Qahtani
Al-Qahtani2026-05-29