Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 3
- Date
- 2025-10-07
- Hijri
- 15 Rabiʻ II 1447 AH
- Reference
- PAY-2025-007-03
Interim payment certificate no. (3)
For the work of September 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 | 481,000 |
| 2 | Less: previous certificates | (283,000) |
| 3 | Value of work in this certificate | 198,000 |
| 4 | Less: retention (10%) | (19,800) |
| 5 | Less: advance payment recovery (10%) | (19,800) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (39,600) |
| 8 | Net before VAT | 158,400 |
| 9 | Add: value added tax (15%) | 23,760 |
| 10 | Net amount payable to the contractor | 182,160 |
Amount in words: One hundred eighty-two thousand one hundred sixty Saudi riyals only
Retention held up to this certificate: SAR 48.1K — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Analysis & design | 382,500 | 64,550 | 41,300 | 105,850 | 28% |
| Licences & platform | 510,000 | 74,850 | 50,200 | 125,050 | 25% |
| Build & configuration | 765,000 | 83,950 | 60,350 | 144,300 | 19% |
| Systems integration | 382,500 | 32,950 | 24,750 | 57,700 | 15% |
| Testing & acceptance | 255,000 | 16,150 | 12,700 | 28,850 | 11% |
| Training & run | 255,000 | 10,550 | 8,700 | 19,250 | 8% |
| Total | 2,550,000 | 283,000 | 198,000 | 481,000 | 19% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Rayan M. Al-Shehri
Al-Shehri2025-10-07
Supervising engineer
Joud N. Al-Ahmadi
Al-Ahmadi2025-10-09
Project manager
Eng. Sultan F. Al-Ghamdi
Al-Ghamdi2025-10-12
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2025-10-15
Final approver
Dr. Abdullah S. Al-Qahtani
Al-Qahtani2025-10-18