Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 5
- Date
- 2026-04-04
- Hijri
- 16 Shawwal 1447 AH
- Reference
- PAY-2025-017-05
Interim payment certificate no. (5)
For the work of March 2026
- 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
- Draft deliverables · MS-G3 Build complete
Certificate summary (SAR)
| 1 | Total value of work completed to date | 310,000 |
| 2 | Less: previous certificates | (227,500) |
| 3 | Value of work in this certificate | 82,500 |
| 4 | Less: retention (5%) | (4,125) |
| 5 | Less: advance payment recovery (10%) | (8,250) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (12,375) |
| 8 | Net before VAT | 70,125 |
| 9 | Add: value added tax (15%) | 10,519 |
| 10 | Net amount payable to the contractor | 80,644 |
Amount in words: Eighty thousand six hundred forty-four Saudi riyals only
Retention held up to this certificate: SAR 15.5K — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Inception | 106,500 | 58,400 | 16,000 | 74,400 | 70% |
| Assessment & analysis | 213,000 | 82,900 | 28,700 | 111,600 | 52% |
| Deliverables | 248,500 | 60,900 | 25,900 | 86,800 | 35% |
| Workshops & knowledge transfer | 142,000 | 25,300 | 11,900 | 37,200 | 26% |
| Total | 710,000 | 227,500 | 82,500 | 310,000 | 44% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Salma R. Al-Buqami
Al-Buqami2026-04-04
Supervising engineer
Haifa S. Al-Ruwaili
Al-Ruwaili2026-04-06
Project manager
Rahaf I. Al-Nefaie
Al-Nefaie2026-04-09
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2026-04-12
Final approver
Dr. Abdullah S. Al-Qahtani
Al-Qahtani2026-04-15