Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 5
- Date
- 2026-01-25
- Hijri
- 6 Shaʻban 1447 AH
- Reference
- PAY-2025-007-05
Interim payment certificate no. (5)
For the work of January 2026
- 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 | 1,001,000 |
| 2 | Less: previous certificates | (746,000) |
| 3 | Value of work in this certificate | 255,000 |
| 4 | Less: retention (10%) | (25,500) |
| 5 | Less: advance payment recovery (10%) | (25,500) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (51,000) |
| 8 | Net before VAT | 204,000 |
| 9 | Add: value added tax (15%) | 30,600 |
| 10 | Net amount payable to the contractor | 234,600 |
Amount in words: Two hundred thirty-four thousand six hundred Saudi riyals only
Retention held up to this certificate: SAR 100.1K — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Analysis & design | 382,500 | 171,400 | 48,850 | 220,250 | 58% |
| Licences & platform | 510,000 | 198,050 | 62,200 | 260,250 | 51% |
| Build & configuration | 765,000 | 220,800 | 79,500 | 300,300 | 39% |
| Systems integration | 382,500 | 86,250 | 33,850 | 120,100 | 31% |
| Testing & acceptance | 255,000 | 42,100 | 17,950 | 60,050 | 24% |
| Training & run | 255,000 | 27,400 | 12,650 | 40,050 | 16% |
| Total | 2,550,000 | 746,000 | 255,000 | 1,001,000 | 39% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Rayan M. Al-Shehri
Al-Shehri2026-01-25
Supervising engineer
Joud N. Al-Ahmadi
Al-Ahmadi2026-01-27
Project manager
Eng. Sultan F. Al-Ghamdi
Al-Ghamdi2026-01-30
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2026-02-02
Final approver
Dr. Abdullah S. Al-Qahtani
Al-Qahtani2026-02-05