Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 4
- Date
- 2025-12-01
- Hijri
- 10 Jumada II 1447 AH
- Reference
- PAY-2025-007-04
Interim payment certificate no. (4)
For the work of November 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
- Release 1 built · MS-05 Internal pilot (MVP) live
Certificate summary (SAR)
| 1 | Total value of work completed to date | 746,000 |
| 2 | Less: previous certificates | (481,000) |
| 3 | Value of work in this certificate | 265,000 |
| 4 | Less: retention (10%) | (26,500) |
| 5 | Less: advance payment recovery (10%) | (26,500) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (53,000) |
| 8 | Net before VAT | 212,000 |
| 9 | Add: value added tax (15%) | 31,800 |
| 10 | Net amount payable to the contractor | 243,800 |
Amount in words: Two hundred forty-three thousand eight hundred Saudi riyals only
Retention held up to this certificate: SAR 74.6K — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Analysis & design | 382,500 | 111,000 | 53,150 | 164,150 | 43% |
| Licences & platform | 510,000 | 127,950 | 66,000 | 193,950 | 38% |
| Build & configuration | 765,000 | 142,200 | 81,600 | 223,800 | 29% |
| Systems integration | 382,500 | 55,400 | 34,100 | 89,500 | 23% |
| Testing & acceptance | 255,000 | 26,950 | 17,800 | 44,750 | 18% |
| Training & run | 255,000 | 17,500 | 12,350 | 29,850 | 12% |
| Total | 2,550,000 | 481,000 | 265,000 | 746,000 | 29% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Rayan M. Al-Shehri
Al-Shehri2025-12-01
Supervising engineer
Joud N. Al-Ahmadi
Al-Ahmadi2025-12-03
Project manager
Eng. Sultan F. Al-Ghamdi
Al-Ghamdi2025-12-06
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2025-12-09
Final approver
Dr. Abdullah S. Al-Qahtani
Al-Qahtani2025-12-12