Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 5
- Date
- 2025-10-09
- Hijri
- 17 Rabiʻ II 1447 AH
- Reference
- PAY-2025-019-05
Interim payment certificate no. (5)
For the work of September 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 | 182,000 |
| 2 | Less: previous certificates | (130,500) |
| 3 | Value of work in this certificate | 51,500 |
| 4 | Less: retention (10%) | (5,150) |
| 5 | Less: advance payment recovery (10%) | (5,150) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (10,300) |
| 8 | Net before VAT | 41,200 |
| 9 | Add: value added tax (15%) | 6,180 |
| 10 | Net amount payable to the contractor | 47,380 |
Amount in words: Forty-seven thousand three hundred eighty Saudi riyals only
Retention held up to this certificate: SAR 18.2K — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Analysis & design | 87,000 | 29,800 | 10,250 | 40,050 | 46% |
| Licences & platform | 116,000 | 34,550 | 12,750 | 47,300 | 41% |
| Build & configuration | 174,000 | 38,700 | 15,900 | 54,600 | 31% |
| Systems integration | 87,000 | 15,200 | 6,650 | 21,850 | 25% |
| Testing & acceptance | 58,000 | 7,400 | 3,500 | 10,900 | 19% |
| Training & run | 58,000 | 4,850 | 2,450 | 7,300 | 13% |
| Total | 580,000 | 130,500 | 51,500 | 182,000 | 31% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Mona F. Al-Harbi
Al-Harbi2025-10-09
Supervising engineer
Hussam T. Al-Qurashi
Al-Qurashi2025-10-11
Project manager
Dana S. Al-Saleh
Al-Saleh2025-10-14
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2025-10-17
Final approver
Munirah A. Al-Khalidi
Al-Khalidi2025-10-20