Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 3
- Date
- 2026-01-02
- Hijri
- 13 Rajab 1447 AH
- Reference
- PAY-2025-017-03
Interim payment certificate no. (3)
For the work of December 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 | 145,500 |
| 2 | Less: previous certificates | (85,500) |
| 3 | Value of work in this certificate | 60,000 |
| 4 | Less: retention (5%) | (3,000) |
| 5 | Less: advance payment recovery (10%) | (6,000) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (9,000) |
| 8 | Net before VAT | 51,000 |
| 9 | Add: value added tax (15%) | 7,650 |
| 10 | Net amount payable to the contractor | 58,650 |
Amount in words: Fifty-eight thousand six hundred fifty Saudi riyals only
Retention held up to this certificate: SAR 7,275 — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Inception | 106,500 | 21,550 | 13,350 | 34,900 | 33% |
| Assessment & analysis | 213,000 | 31,100 | 21,300 | 52,400 | 25% |
| Deliverables | 248,500 | 23,150 | 17,600 | 40,750 | 16% |
| Workshops & knowledge transfer | 142,000 | 9,700 | 7,750 | 17,450 | 12% |
| Total | 710,000 | 85,500 | 60,000 | 145,500 | 20% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Salma R. Al-Buqami
Al-Buqami2026-01-02
Supervising engineer
Haifa S. Al-Ruwaili
Al-Ruwaili2026-01-04
Project manager
Rahaf I. Al-Nefaie
Al-Nefaie2026-01-07
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2026-01-10
Final approver
Dr. Abdullah S. Al-Qahtani
Al-Qahtani2026-01-13