Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 7
- Date
- 2026-04-10
- Hijri
- 22 Shawwal 1447 AH
- Reference
- PAY-2025-010-07
Interim payment certificate no. (7)
For the work of March 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
- Integration & UAT · MS-G3 Build complete
Certificate summary (SAR)
| 1 | Total value of work completed to date | 432,500 |
| 2 | Less: previous certificates | (349,000) |
| 3 | Value of work in this certificate | 83,500 |
| 4 | Less: retention (5%) | (4,175) |
| 5 | Less: advance payment recovery (10%) | (8,350) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (12,525) |
| 8 | Net before VAT | 70,975 |
| 9 | Add: value added tax (15%) | 10,646 |
| 10 | Net amount payable to the contractor | 81,621 |
Amount in words: Eighty-one thousand six hundred twenty-one Saudi riyals only
Retention held up to this certificate: SAR 21.6K — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Analysis & design | 111,000 | 81,150 | 14,000 | 95,150 | 86% |
| Licences & platform | 148,000 | 93,200 | 19,250 | 112,450 | 76% |
| Build & configuration | 222,000 | 102,900 | 26,850 | 129,750 | 58% |
| Systems integration | 111,000 | 39,950 | 11,950 | 51,900 | 47% |
| Testing & acceptance | 74,000 | 19,350 | 6,600 | 25,950 | 35% |
| Training & run | 74,000 | 12,450 | 4,850 | 17,300 | 23% |
| Total | 740,000 | 349,000 | 83,500 | 432,500 | 58% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Rayan M. Al-Shehri
Al-Shehri2026-04-10
Supervising engineer
Hussam T. Al-Qurashi
Al-Qurashi2026-04-12
Project manager
Karim Haddad
Haddad2026-04-15
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2026-04-18
Final approver
Dr. Abdullah S. Al-Qahtani
Al-Qahtani2026-04-21