Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 2
- Date
- 2025-11-16
- Hijri
- 25 Jumada I 1447 AH
- Reference
- PAY-2025-017-02
Interim payment certificate no. (2)
For the work of October 2025
- Contract number
- RC/2025/017
- Supplier-portal reference
- 2504300615
- Contract
- Data governance & business observatory indicators advisory
- Contractor
- Dar Al-Mashura Management Consulting
- Contractor VAT number
- 310106912450003
- Project
- Business Observatory & Data Governance
- Contract period
- 2025-08-17 — 2026-12-31
- Original contract value
- 710,000
- Current contract value
- 710,000
- Linked milestone
- Current-state assessment · MS-G2 Designs approved
Certificate summary (SAR)
| 1 | Total value of work completed to date | 85,500 |
| 2 | Less: previous certificates | (31,500) |
| 3 | Value of work in this certificate | 54,000 |
| 4 | Less: retention (5%) | (2,700) |
| 5 | Less: advance payment recovery (10%) | (5,400) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (8,100) |
| 8 | Net before VAT | 45,900 |
| 9 | Add: value added tax (15%) | 6,885 |
| 10 | Net amount payable to the contractor | 52,785 |
Amount in words: Fifty-two thousand seven hundred eighty-five Saudi riyals only
Retention held up to this certificate: SAR 4,275 — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Inception | 106,500 | 8,050 | 12,450 | 20,500 | 19% |
| Assessment & analysis | 213,000 | 11,500 | 19,300 | 30,800 | 14% |
| Deliverables | 248,500 | 8,450 | 15,500 | 23,950 | 10% |
| Workshops & knowledge transfer | 142,000 | 3,500 | 6,750 | 10,250 | 7% |
| Total | 710,000 | 31,500 | 54,000 | 85,500 | 12% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Salma R. Al-Buqami
Al-Buqami2025-11-16
Supervising engineer
Haifa S. Al-Ruwaili
Al-Ruwaili2025-11-18
Project manager
Rahaf I. Al-Nefaie
Al-Nefaie2025-11-21
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2025-11-24
Final approver
Dr. Abdullah S. Al-Qahtani
Al-Qahtani2025-11-27