Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 4
- Date
- 2025-08-23
- Hijri
- 29 Safar 1447 AH
- Reference
- PAY-2025-019-04
Interim payment certificate no. (4)
For the work of August 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
- Release 1 built · MS-G2 Designs approved
Certificate summary (SAR)
| 1 | Total value of work completed to date | 130,500 |
| 2 | Less: previous certificates | (83,000) |
| 3 | Value of work in this certificate | 47,500 |
| 4 | Less: retention (10%) | (4,750) |
| 5 | Less: advance payment recovery (10%) | (4,750) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (9,500) |
| 8 | Net before VAT | 38,000 |
| 9 | Add: value added tax (15%) | 5,700 |
| 10 | Net amount payable to the contractor | 43,700 |
Amount in words: Forty-three thousand seven hundred Saudi riyals only
Retention held up to this certificate: SAR 13.1K — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Analysis & design | 87,000 | 18,900 | 9,800 | 28,700 | 33% |
| Licences & platform | 116,000 | 21,950 | 12,000 | 33,950 | 29% |
| Build & configuration | 174,000 | 24,600 | 14,550 | 39,150 | 23% |
| Systems integration | 87,000 | 9,650 | 6,000 | 15,650 | 18% |
| Testing & acceptance | 58,000 | 4,750 | 3,100 | 7,850 | 14% |
| Training & run | 58,000 | 3,150 | 2,050 | 5,200 | 9% |
| Total | 580,000 | 83,000 | 47,500 | 130,500 | 23% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Mona F. Al-Harbi
Al-Harbi2025-08-23
Supervising engineer
Hussam T. Al-Qurashi
Al-Qurashi2025-08-25
Project manager
Dana S. Al-Saleh
Al-Saleh2025-08-28
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2025-08-31
Final approver
Munirah A. Al-Khalidi
Al-Khalidi2025-09-03