Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 2
- Date
- 2025-08-12
- Hijri
- 18 Safar 1447 AH
- Reference
- PAY-2025-007-02
Interim payment certificate no. (2)
For the work of July 2025
- Contract number
- RC/2025/007
- Supplier-portal reference
- 2503600485
- Contract
- My Business Portal 2.0 — build & run
- Contractor
- Digital Platforms Solutions Co.
- Contractor VAT number
- 310105738640003
- Project
- My Business Portal 2.0 — the Unified Member Journey
- Contract period
- 2025-05-04 — 2027-03-31
- Original contract value
- 2,430,000
- Current contract value
- 2,550,000including variations of SAR 120K
- Linked milestone
- Design approved · MS-04 Requirements & design signed off
Certificate summary (SAR)
| 1 | Total value of work completed to date | 283,000 |
| 2 | Less: previous certificates | (102,000) |
| 3 | Value of work in this certificate | 181,000 |
| 4 | Less: retention (10%) | (18,100) |
| 5 | Less: advance payment recovery (10%) | (18,100) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (36,200) |
| 8 | Net before VAT | 144,800 |
| 9 | Add: value added tax (15%) | 21,720 |
| 10 | Net amount payable to the contractor | 166,520 |
Amount in words: One hundred sixty-six thousand five hundred twenty Saudi riyals only
Retention held up to this certificate: SAR 28.3K — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Analysis & design | 382,500 | 23,600 | 38,650 | 62,250 | 16% |
| Licences & platform | 510,000 | 27,200 | 46,400 | 73,600 | 14% |
| Build & configuration | 765,000 | 30,150 | 54,750 | 84,900 | 11% |
| Systems integration | 382,500 | 11,700 | 22,250 | 33,950 | 9% |
| Testing & acceptance | 255,000 | 5,700 | 11,300 | 17,000 | 7% |
| Training & run | 255,000 | 3,650 | 7,650 | 11,300 | 4% |
| Total | 2,550,000 | 102,000 | 181,000 | 283,000 | 11% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Rayan M. Al-Shehri
Al-Shehri2025-08-12
Supervising engineer
Joud N. Al-Ahmadi
Al-Ahmadi2025-08-14
Project manager
Eng. Sultan F. Al-Ghamdi
Al-Ghamdi2025-08-17
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2025-08-20
Final approver
Dr. Abdullah S. Al-Qahtani
Al-Qahtani2025-08-23