Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 8
- Date
- 2026-08-21
- Hijri
- 8 Rabiʻ I 1448 AH
- Reference
- PAY-2025-017-08
Interim payment certificate no. (8)
For the work of August 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
- Final deliverables & handover · MS-G5 Final handover
Certificate summary (SAR)
| 1 | Total value of work completed to date | 501,500 |
| 2 | Less: previous certificates | (452,500) |
| 3 | Value of work in this certificate | 49,000 |
| 4 | Less: retention (5%) | (2,450) |
| 5 | Less: advance payment recovery (10%) | (4,900) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (7,350) |
| 8 | Net before VAT | 41,650 |
| 9 | Add: value added tax (15%) | 6,248 |
| 10 | Net amount payable to the contractor | 47,898 |
Amount in words: Forty-seven thousand eight hundred ninety-eight Saudi riyals only
Retention held up to this certificate: SAR 25.1K — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Inception | 106,500 | 100,550 | 5,950 | 106,500 | 100% |
| Assessment & analysis | 213,000 | 177,000 | 17,400 | 194,400 | 91% |
| Deliverables | 248,500 | 123,150 | 17,250 | 140,400 | 56% |
| Workshops & knowledge transfer | 142,000 | 51,800 | 8,400 | 60,200 | 42% |
| Total | 710,000 | 452,500 | 49,000 | 501,500 | 71% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Salma R. Al-Buqami
Al-Buqami2026-08-21
Supervising engineer
Haifa S. Al-Ruwaili
Al-Ruwaili2026-08-23
Project manager
Rahaf I. Al-Nefaie
Al-Nefaie2026-08-26
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2026-08-29
Final approver
Munirah A. Al-Khalidi
Al-Khalidi2026-09-01