Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 9
- Date
- 2026-07-09
- Hijri
- 24 Muharram 1448 AH
- Reference
- PAY-2025-010-09
Interim payment certificate no. (9)
For the work of June 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
- Go-live · MS-G4 Testing & acceptance complete
Certificate summary (SAR)
| 1 | Total value of work completed to date | 554,000 |
| 2 | Less: previous certificates | (498,500) |
| 3 | Value of work in this certificate | 55,500 |
| 4 | Less: retention (5%) | (2,775) |
| 5 | Less: advance payment recovery (10%) | (5,550) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (8,325) |
| 8 | Net before VAT | 47,175 |
| 9 | Add: value added tax (15%) | 7,076 |
| 10 | Net amount payable to the contractor | 54,251 |
Amount in words: Fifty-four thousand two hundred fifty-one Saudi riyals only
Retention held up to this certificate: SAR 27.7K — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Analysis & design | 111,000 | 104,100 | 6,900 | 111,000 | 100% |
| Licences & platform | 148,000 | 135,950 | 12,050 | 148,000 | 100% |
| Build & configuration | 222,000 | 153,950 | 19,150 | 173,100 | 78% |
| Systems integration | 111,000 | 57,850 | 8,650 | 66,500 | 60% |
| Testing & acceptance | 74,000 | 28,250 | 5,000 | 33,250 | 45% |
| Training & run | 74,000 | 18,400 | 3,750 | 22,150 | 30% |
| Total | 740,000 | 498,500 | 55,500 | 554,000 | 75% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Rayan M. Al-Shehri
Supervising engineer
Hussam T. Al-Qurashi
Project manager
Karim Haddad
Finance & contracts
Khalid N. Al-Mutairi
Final approver
Dr. Abdullah S. Al-Qahtani