Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 11
- Date
- 2026-10-12
- Hijri
- 1 Jumada I 1448 AH
- Reference
- PAY-2026-012
Interim payment certificate no. (11)
For the work of September 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 | 1,800,000 |
| 2 | Less: previous certificates | (1,683,000) |
| 3 | Value of work in this certificate | 117,000 |
| 4 | Less: retention (10%) | (11,700) |
| 5 | Less: advance payment recovery (10%) | (11,700) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (23,400) |
| 8 | Net before VAT | 93,600 |
| 9 | Add: value added tax (15%) | 14,040 |
| 10 | Net amount payable to the contractor | 107,640 |
Amount in words: One hundred seven thousand six hundred forty Saudi riyals only
Retention held up to this certificate: SAR 180K — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Analysis & design | 382,500 | 365,950 | 16,550 | 382,500 | 100% |
| Licences & platform | 510,000 | 455,250 | 26,250 | 481,500 | 94% |
| Build & configuration | 765,000 | 501,400 | 38,600 | 540,000 | 71% |
| Systems integration | 382,500 | 198,150 | 17,850 | 216,000 | 56% |
| Testing & acceptance | 255,000 | 97,850 | 10,150 | 108,000 | 42% |
| Training & run | 255,000 | 64,400 | 7,600 | 72,000 | 28% |
| Total | 2,550,000 | 1,683,000 | 117,000 | 1,800,000 | 71% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Rayan M. Al-Shehri
Al-Shehri2026-10-12
Supervising engineer
Joud N. Al-Ahmadi
Al-Ahmadi2026-10-13
Project manager
Eng. Sultan F. Al-Ghamdi
Al-Ghamdi2026-10-14
Finance & contracts
Khalid N. Al-Mutairi
Awaiting signature
Final approver
Dr. Abdullah S. Al-Qahtani
Later