Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 1
- Date
- 2025-07-16
- Hijri
- 21 Muharram 1447 AH
- Reference
- PAY-2025-010-01
Interim payment certificate no. (1)
For the work of June 2025
- Contract number
- RC/2025/010
- Supplier-portal reference
- 2503810524
- Contract
- Dispute settlement & arbitration platform Release 2 development
- Contractor
- Digital Platforms Solutions Co.
- Contractor VAT number
- 310105738640003
- Project
- Dispute Settlement & Commercial Arbitration Platform — Release 2
- Contract period
- 2025-06-01 — 2026-11-30
- Original contract value
- 740,000
- Current contract value
- 740,000
- Linked milestone
- Inception & requirements · MS-G1 Project plan approved
Certificate summary (SAR)
| 1 | Total value of work completed to date | 28,500 |
| 2 | Less: previous certificates | 0 |
| 3 | Value of work in this certificate | 28,500 |
| 4 | Less: retention (5%) | (1,425) |
| 5 | Less: advance payment recovery (10%) | (2,850) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (4,275) |
| 8 | Net before VAT | 24,225 |
| 9 | Add: value added tax (15%) | 3,634 |
| 10 | Net amount payable to the contractor | 27,859 |
Amount in words: Twenty-seven thousand eight hundred fifty-nine Saudi riyals only
Retention held up to this certificate: SAR 1,425 — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Analysis & design | 111,000 | 0 | 6,300 | 6,300 | 6% |
| Licences & platform | 148,000 | 0 | 7,400 | 7,400 | 5% |
| Build & configuration | 222,000 | 0 | 8,550 | 8,550 | 4% |
| Systems integration | 111,000 | 0 | 3,400 | 3,400 | 3% |
| Testing & acceptance | 74,000 | 0 | 1,700 | 1,700 | 2% |
| Training & run | 74,000 | 0 | 1,150 | 1,150 | 2% |
| Total | 740,000 | 0 | 28,500 | 28,500 | 4% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Rayan M. Al-Shehri
Al-Shehri2025-07-16
Supervising engineer
Hussam T. Al-Qurashi
Al-Qurashi2025-07-18
Project manager
Karim Haddad
Haddad2025-07-21
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2025-07-24
Final approver
Munirah A. Al-Khalidi
Al-Khalidi2025-07-27