Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 6
- Date
- 2026-06-10
- Hijri
- 24 Dhuʻl-Hijjah 1447 AH
- Reference
- PAY-2025-004-06
Interim payment certificate no. (6)
For the work of May 2026
- 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
- Go-live · MS-G4 Testing & acceptance complete
Certificate summary (SAR)
| 1 | Total value of work completed to date | 1,123,000 |
| 2 | Less: previous certificates | (965,000) |
| 3 | Value of work in this certificate | 158,000 |
| 4 | Less: retention (5%) | (7,900) |
| 5 | Less: advance payment recovery (10%) | (15,800) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (23,700) |
| 8 | Net before VAT | 134,300 |
| 9 | Add: value added tax (15%) | 20,145 |
| 10 | Net amount payable to the contractor | 154,445 |
Amount in words: One hundred fifty-four thousand four hundred forty-five Saudi riyals only
Retention held up to this certificate: SAR 56.2K — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Analysis & design | 236,250 | 214,350 | 21,900 | 236,250 | 100% |
| Licences & platform | 315,000 | 267,200 | 35,600 | 302,800 | 96% |
| Build & configuration | 472,500 | 284,700 | 52,200 | 336,900 | 71% |
| Systems integration | 236,250 | 110,500 | 24,250 | 134,750 | 57% |
| Testing & acceptance | 157,500 | 53,600 | 13,800 | 67,400 | 43% |
| Training & run | 157,500 | 34,650 | 10,250 | 44,900 | 29% |
| Total | 1,575,000 | 965,000 | 158,000 | 1,123,000 | 71% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Eng. Haitham S. Al-Zahrani
Al-Zahrani2026-06-10
Supervising engineer
Hussam T. Al-Qurashi
Al-Qurashi2026-06-12
Project manager
Eng. Yasser M. Al-Zahrani
Al-Zahrani2026-06-15
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2026-06-18
Final approver
Dr. Abdullah S. Al-Qahtani
Al-Qahtani2026-06-21