Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 1
- Date
- 2025-04-02
- Hijri
- 4 Shawwal 1446 AH
- Reference
- PAY-2025-019-01
Interim payment certificate no. (1)
For the work of March 2025
- Contract number
- RC/2025/019
- Supplier-portal reference
- 2504440641
- Contract
- Correspondence & document management system — supply & implementation
- Contractor
- Integrated Business Systems Co.
- Contractor VAT number
- 310104366820003
- Project
- Correspondence & Document Management System
- Contract period
- 2025-02-16 — 2026-09-30
- Original contract value
- 580,000
- Current contract value
- 580,000
- Linked milestone
- Inception & requirements · MS-G1 Project plan approved
Certificate summary (SAR)
| 1 | Total value of work completed to date | 19,000 |
| 2 | Less: previous certificates | 0 |
| 3 | Value of work in this certificate | 19,000 |
| 4 | Less: retention (10%) | (1,900) |
| 5 | Less: advance payment recovery (10%) | (1,900) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (3,800) |
| 8 | Net before VAT | 15,200 |
| 9 | Add: value added tax (15%) | 2,280 |
| 10 | Net amount payable to the contractor | 17,480 |
Amount in words: Seventeen thousand four hundred eighty Saudi riyals only
Retention held up to this certificate: SAR 1,900 — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Analysis & design | 87,000 | 0 | 4,150 | 4,150 | 5% |
| Licences & platform | 116,000 | 0 | 4,950 | 4,950 | 4% |
| Build & configuration | 174,000 | 0 | 5,700 | 5,700 | 3% |
| Systems integration | 87,000 | 0 | 2,300 | 2,300 | 3% |
| Testing & acceptance | 58,000 | 0 | 1,150 | 1,150 | 2% |
| Training & run | 58,000 | 0 | 750 | 750 | 1% |
| Total | 580,000 | 0 | 19,000 | 19,000 | 3% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Mona F. Al-Harbi
Al-Harbi2025-04-02
Supervising engineer
Hussam T. Al-Qurashi
Al-Qurashi2025-04-04
Project manager
Dana S. Al-Saleh
Al-Saleh2025-04-07
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2025-04-10
Final approver
Munirah A. Al-Khalidi
Al-Khalidi2025-04-13