Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 7
- Date
- 2026-05-16
- Hijri
- 29 Dhuʻl-Qiʻdah 1447 AH
- Reference
- PAY-2025-007-07
Interim payment certificate no. (7)
For the work of April 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
- Integration & UAT · MS-07 Wave 1 development complete (24 services)
Certificate summary (SAR)
| 1 | Total value of work completed to date | 1,385,500 |
| 2 | Less: previous certificates | (1,201,500) |
| 3 | Value of work in this certificate | 184,000 |
| 4 | Less: retention (10%) | (18,400) |
| 5 | Less: advance payment recovery (10%) | (18,400) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (36,800) |
| 8 | Net before VAT | 147,200 |
| 9 | Add: value added tax (15%) | 22,080 |
| 10 | Net amount payable to the contractor | 169,280 |
Amount in words: One hundred sixty-nine thousand two hundred eighty Saudi riyals only
Retention held up to this certificate: SAR 138.6K — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Analysis & design | 382,500 | 272,800 | 32,000 | 304,800 | 80% |
| Licences & platform | 510,000 | 317,200 | 43,050 | 360,250 | 71% |
| Build & configuration | 765,000 | 356,950 | 58,700 | 415,650 | 54% |
| Systems integration | 382,500 | 140,350 | 25,900 | 166,250 | 43% |
| Testing & acceptance | 255,000 | 69,000 | 14,150 | 83,150 | 33% |
| Training & run | 255,000 | 45,200 | 10,200 | 55,400 | 22% |
| Total | 2,550,000 | 1,201,500 | 184,000 | 1,385,500 | 54% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Rayan M. Al-Shehri
Al-Shehri2026-05-16
Supervising engineer
Joud N. Al-Ahmadi
Al-Ahmadi2026-05-18
Project manager
Eng. Sultan F. Al-Ghamdi
Al-Ghamdi2026-05-21
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2026-05-24
Final approver
Dr. Abdullah S. Al-Qahtani
Al-Qahtani2026-05-27