Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 8
- Date
- 2026-05-25
- Hijri
- 8 Dhuʻl-Hijjah 1447 AH
- Reference
- PAY-2025-010-08
Interim payment certificate no. (8)
For the work of May 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 | 498,500 |
| 2 | Less: previous certificates | (432,500) |
| 3 | Value of work in this certificate | 66,000 |
| 4 | Less: retention (5%) | (3,300) |
| 5 | Less: advance payment recovery (10%) | (6,600) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (9,900) |
| 8 | Net before VAT | 56,100 |
| 9 | Add: value added tax (15%) | 8,415 |
| 10 | Net amount payable to the contractor | 64,515 |
Amount in words: Sixty-four thousand five hundred fifteen Saudi riyals only
Retention held up to this certificate: SAR 24.9K — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Analysis & design | 111,000 | 99,600 | 10,100 | 109,700 | 99% |
| Licences & platform | 148,000 | 114,950 | 14,650 | 129,600 | 88% |
| Build & configuration | 222,000 | 127,950 | 21,600 | 149,550 | 67% |
| Systems integration | 111,000 | 49,900 | 9,900 | 59,800 | 54% |
| Testing & acceptance | 74,000 | 24,300 | 5,600 | 29,900 | 40% |
| Training & run | 74,000 | 15,800 | 4,150 | 19,950 | 27% |
| Total | 740,000 | 432,500 | 66,000 | 498,500 | 67% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Rayan M. Al-Shehri
Al-Shehri2026-05-25
Supervising engineer
Hussam T. Al-Qurashi
Al-Qurashi2026-05-27
Project manager
Karim Haddad
Haddad2026-05-30
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2026-06-02
Final approver
Dr. Abdullah S. Al-Qahtani
Al-Qahtani2026-06-05