Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 3
- Date
- 2025-10-13
- Hijri
- 21 Rabiʻ II 1447 AH
- Reference
- PAY-2025-010-03
Interim payment certificate no. (3)
For the work of September 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
- Design approved · MS-G1 Project plan approved
Certificate summary (SAR)
| 1 | Total value of work completed to date | 128,000 |
| 2 | Less: previous certificates | (75,500) |
| 3 | Value of work in this certificate | 52,500 |
| 4 | Less: retention (5%) | (2,625) |
| 5 | Less: advance payment recovery (10%) | (5,250) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (7,875) |
| 8 | Net before VAT | 44,625 |
| 9 | Add: value added tax (15%) | 6,694 |
| 10 | Net amount payable to the contractor | 51,319 |
Amount in words: Fifty-one thousand three hundred nineteen Saudi riyals only
Retention held up to this certificate: SAR 6,400 — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Analysis & design | 111,000 | 17,150 | 11,000 | 28,150 | 25% |
| Licences & platform | 148,000 | 19,950 | 13,350 | 33,300 | 23% |
| Build & configuration | 222,000 | 22,450 | 15,950 | 38,400 | 17% |
| Systems integration | 111,000 | 8,800 | 6,550 | 15,350 | 14% |
| Testing & acceptance | 74,000 | 4,350 | 3,350 | 7,700 | 10% |
| Training & run | 74,000 | 2,800 | 2,300 | 5,100 | 7% |
| Total | 740,000 | 75,500 | 52,500 | 128,000 | 17% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Rayan M. Al-Shehri
Al-Shehri2025-10-13
Supervising engineer
Hussam T. Al-Qurashi
Al-Qurashi2025-10-15
Project manager
Karim Haddad
Haddad2025-10-18
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2025-10-21
Final approver
Dr. Abdullah S. Al-Qahtani
Al-Qahtani2025-10-24