Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 13
- Date
- 2026-10-06
- Hijri
- 25 Rabiʻ II 1448 AH
- Reference
- PAY-2025-003-13
Interim payment certificate no. (13)
For the work of September 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 | 1,320,000 |
| 2 | Less: previous certificates | (1,271,000) |
| 3 | Value of work in this certificate | 49,000 |
| 4 | Less: retention (10%) | (4,900) |
| 5 | Less: advance payment recovery (10%) | (4,900) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (9,800) |
| 8 | Net before VAT | 39,200 |
| 9 | Add: value added tax (15%) | 5,880 |
| 10 | Net amount payable to the contractor | 45,080 |
Amount in words: Forty-five thousand eighty Saudi riyals only
Retention held up to this certificate: SAR 132K — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Analysis & design | 309,000 | 282,600 | 7,800 | 290,400 | 94% |
| Licences & platform | 412,000 | 332,150 | 11,050 | 343,200 | 83% |
| Build & configuration | 618,000 | 380,050 | 15,950 | 396,000 | 64% |
| Systems integration | 309,000 | 151,150 | 7,250 | 158,400 | 51% |
| Testing & acceptance | 206,000 | 75,150 | 4,050 | 79,200 | 38% |
| Training & run | 206,000 | 49,900 | 2,900 | 52,800 | 26% |
| Total | 2,060,000 | 1,271,000 | 49,000 | 1,320,000 | 64% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Mona F. Al-Harbi
Al-Harbi2026-10-06
Supervising engineer
Hussam T. Al-Qurashi
Al-Qurashi2026-10-08
Project manager
Dana S. Al-Saleh
Al-Saleh2026-10-11
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2026-10-14
Final approver
Munirah A. Al-Khalidi
Al-Khalidi2026-10-17