Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 5
- Date
- 2026-01-11
- Hijri
- 22 Rajab 1447 AH
- Reference
- PAY-2025-010-05
Interim payment certificate no. (5)
For the work of December 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
- Release 1 built · MS-G2 Designs approved
Certificate summary (SAR)
| 1 | Total value of work completed to date | 278,500 |
| 2 | Less: previous certificates | (201,000) |
| 3 | Value of work in this certificate | 77,500 |
| 4 | Less: retention (5%) | (3,875) |
| 5 | Less: advance payment recovery (10%) | (7,750) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (11,625) |
| 8 | Net before VAT | 65,875 |
| 9 | Add: value added tax (15%) | 9,881 |
| 10 | Net amount payable to the contractor | 75,756 |
Amount in words: Seventy-five thousand seven hundred fifty-six Saudi riyals only
Retention held up to this certificate: SAR 13.9K — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Analysis & design | 111,000 | 46,350 | 14,950 | 61,300 | 55% |
| Licences & platform | 148,000 | 53,450 | 18,950 | 72,400 | 49% |
| Build & configuration | 222,000 | 59,450 | 24,100 | 83,550 | 38% |
| Systems integration | 111,000 | 23,150 | 10,250 | 33,400 | 30% |
| Testing & acceptance | 74,000 | 11,300 | 5,400 | 16,700 | 23% |
| Training & run | 74,000 | 7,300 | 3,850 | 11,150 | 15% |
| Total | 740,000 | 201,000 | 77,500 | 278,500 | 38% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Rayan M. Al-Shehri
Al-Shehri2026-01-11
Supervising engineer
Hussam T. Al-Qurashi
Al-Qurashi2026-01-13
Project manager
Karim Haddad
Haddad2026-01-16
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2026-01-19
Final approver
Dr. Abdullah S. Al-Qahtani
Al-Qahtani2026-01-22