Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 11
- Date
- 2026-10-06
- Hijri
- 25 Rabiʻ II 1448 AH
- Reference
- PAY-2025-010-11
Interim payment certificate no. (11)
For the work of September 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
- Hypercare & handover · MS-G5 Final handover
Certificate summary (SAR)
| 1 | Total value of work completed to date | 630,000 |
| 2 | Less: previous certificates | (602,000) |
| 3 | Value of work in this certificate | 28,000 |
| 4 | Less: retention (5%) | (1,400) |
| 5 | Less: advance payment recovery (10%) | (2,800) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (4,200) |
| 8 | Net before VAT | 23,800 |
| 9 | Add: value added tax (15%) | 3,570 |
| 10 | Net amount payable to the contractor | 27,370 |
Amount in words: Twenty-seven thousand three hundred seventy Saudi riyals only
Retention held up to this certificate: SAR 31.5K — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Analysis & design | 111,000 | 108,650 | 2,350 | 111,000 | 100% |
| Licences & platform | 148,000 | 143,200 | 4,800 | 148,000 | 100% |
| Build & configuration | 222,000 | 211,100 | 10,900 | 222,000 | 100% |
| Systems integration | 111,000 | 80,800 | 5,200 | 86,000 | 77% |
| Testing & acceptance | 74,000 | 35,100 | 2,700 | 37,800 | 51% |
| Training & run | 74,000 | 23,150 | 2,050 | 25,200 | 34% |
| Total | 740,000 | 602,000 | 28,000 | 630,000 | 85% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Rayan M. Al-Shehri
Al-Shehri2026-10-06
Supervising engineer
Hussam T. Al-Qurashi
Al-Qurashi2026-10-08
Project manager
Karim Haddad
Haddad2026-10-11
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2026-10-14
Final approver
Munirah A. Al-Khalidi
Al-Khalidi2026-10-17