Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 6
- Date
- 2026-02-25
- Hijri
- 8 Ramadan 1447 AH
- Reference
- PAY-2025-010-06
Interim payment certificate no. (6)
For the work of February 2026
- 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 | 349,000 |
| 2 | Less: previous certificates | (278,500) |
| 3 | Value of work in this certificate | 70,500 |
| 4 | Less: retention (5%) | (3,525) |
| 5 | Less: advance payment recovery (10%) | (7,050) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (10,575) |
| 8 | Net before VAT | 59,925 |
| 9 | Add: value added tax (15%) | 8,989 |
| 10 | Net amount payable to the contractor | 68,914 |
Amount in words: Sixty-eight thousand nine hundred fourteen Saudi riyals only
Retention held up to this certificate: SAR 17.5K — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Analysis & design | 111,000 | 63,850 | 12,900 | 76,750 | 69% |
| Licences & platform | 148,000 | 73,900 | 16,850 | 90,750 | 61% |
| Build & configuration | 222,000 | 82,450 | 22,250 | 104,700 | 47% |
| Systems integration | 111,000 | 32,250 | 9,650 | 41,900 | 38% |
| Testing & acceptance | 74,000 | 15,750 | 5,200 | 20,950 | 28% |
| Training & run | 74,000 | 10,300 | 3,650 | 13,950 | 19% |
| Total | 740,000 | 278,500 | 70,500 | 349,000 | 47% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Rayan M. Al-Shehri
Al-Shehri2026-02-25
Supervising engineer
Hussam T. Al-Qurashi
Al-Qurashi2026-02-27
Project manager
Karim Haddad
Haddad2026-03-02
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2026-03-05
Final approver
Dr. Abdullah S. Al-Qahtani
Al-Qahtani2026-03-08