Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 1
- Date
- 2025-07-30
- Hijri
- 5 Safar 1447 AH
- Reference
- PAY-2025-014-01
Interim payment certificate no. (1)
For the work of July 2025
- Contract number
- RC/2025/014
- Supplier-portal reference
- 2504090576
- Contract
- Framework agreement — cloud migration services
- Contractor
- Kingdom Cloud IT Co.
- Contractor VAT number
- 310107543900003
- Project
- Moving the Chamber’s Systems & Website to the Cloud
- Contract period
- 2025-06-15 — 2027-02-28
- Original contract value
- 1,900,000
- Current contract value
- 1,900,000
- Linked milestone
- Half-year service review · MS-G2 Designs approved
Certificate summary (SAR)
| 1 | Total value of work completed to date | 116,000 |
| 2 | Less: previous certificates | 0 |
| 3 | Value of work in this certificate | 116,000 |
| 4 | Less: retention (5%) | (5,800) |
| 5 | Less: advance payment recovery (0%) | 0 |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (5,800) |
| 8 | Net before VAT | 110,200 |
| 9 | Add: value added tax (15%) | 16,530 |
| 10 | Net amount payable to the contractor | 126,730 |
Amount in words: One hundred twenty-six thousand seven hundred thirty Saudi riyals only
Retention held up to this certificate: SAR 5,800 — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Core service fees | 1,330,000 | 0 | 82,350 | 82,350 | 6% |
| On-demand extra capacity | 380,000 | 0 | 20,900 | 20,900 | 6% |
| Support & operations | 190,000 | 0 | 12,750 | 12,750 | 7% |
| Total | 1,900,000 | 0 | 116,000 | 116,000 | 6% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Fares A. Al-Malki
Al-Malki2025-07-30
Supervising engineer
Hussam T. Al-Qurashi
Al-Qurashi2025-08-01
Project manager
Eng. Omar H. Bawazir
Bawazir2025-08-04
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2025-08-07
Final approver
Dr. Abdullah S. Al-Qahtani
Al-Qahtani2025-08-10