Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 4
- Date
- 2025-12-24
- Hijri
- 4 Rajab 1447 AH
- Reference
- PAY-2025-004-04
Interim payment certificate no. (4)
For the work of December 2025
- Contract number
- RC/2025/004
- Supplier-portal reference
- 2503390446
- Contract
- Cybersecurity programme & SOC delivery
- Contractor
- Cyber Shield Co.
- Contractor VAT number
- 310108124570003
- Project
- Chamber Cybersecurity Programme
- Contract period
- 2025-03-02 — 2026-12-15
- Original contract value
- 1,575,000
- Current contract value
- 1,575,000
- Linked milestone
- Release 1 built · MS-G2 Designs approved
Certificate summary (SAR)
| 1 | Total value of work completed to date | 738,000 |
| 2 | Less: previous certificates | (483,500) |
| 3 | Value of work in this certificate | 254,500 |
| 4 | Less: retention (5%) | (12,725) |
| 5 | Less: advance payment recovery (10%) | (25,450) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (38,175) |
| 8 | Net before VAT | 216,325 |
| 9 | Add: value added tax (15%) | 32,449 |
| 10 | Net amount payable to the contractor | 248,774 |
Amount in words: Two hundred forty-eight thousand seven hundred seventy-four Saudi riyals only
Retention held up to this certificate: SAR 36.9K — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Analysis & design | 236,250 | 115,700 | 46,650 | 162,350 | 69% |
| Licences & platform | 315,000 | 131,000 | 60,900 | 191,900 | 61% |
| Build & configuration | 472,500 | 141,200 | 80,200 | 221,400 | 47% |
| Systems integration | 236,250 | 53,800 | 34,750 | 88,550 | 37% |
| Testing & acceptance | 157,500 | 25,600 | 18,700 | 44,300 | 28% |
| Training & run | 157,500 | 16,200 | 13,300 | 29,500 | 19% |
| Total | 1,575,000 | 483,500 | 254,500 | 738,000 | 47% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Eng. Haitham S. Al-Zahrani
Al-Zahrani2025-12-24
Supervising engineer
Hussam T. Al-Qurashi
Al-Qurashi2025-12-26
Project manager
Eng. Yasser M. Al-Zahrani
Al-Zahrani2025-12-29
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2026-01-01
Final approver
Dr. Abdullah S. Al-Qahtani
Al-Qahtani2026-01-04