Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 7
- Date
- 2026-01-13
- Hijri
- 24 Rajab 1447 AH
- Reference
- PAY-2025-019-07
Interim payment certificate no. (7)
For the work of December 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
- Integration & UAT · MS-G3 Build complete
Certificate summary (SAR)
| 1 | Total value of work completed to date | 291,000 |
| 2 | Less: previous certificates | (230,500) |
| 3 | Value of work in this certificate | 60,500 |
| 4 | Less: retention (10%) | (6,050) |
| 5 | Less: advance payment recovery (10%) | (6,050) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (12,100) |
| 8 | Net before VAT | 48,400 |
| 9 | Add: value added tax (15%) | 7,260 |
| 10 | Net amount payable to the contractor | 55,660 |
Amount in words: Fifty-five thousand six hundred sixty Saudi riyals only
Retention held up to this certificate: SAR 29.1K — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Analysis & design | 87,000 | 53,200 | 10,850 | 64,050 | 74% |
| Licences & platform | 116,000 | 61,300 | 14,350 | 75,650 | 65% |
| Build & configuration | 174,000 | 68,150 | 19,150 | 87,300 | 50% |
| Systems integration | 87,000 | 26,550 | 8,350 | 34,900 | 40% |
| Testing & acceptance | 58,000 | 12,900 | 4,550 | 17,450 | 30% |
| Training & run | 58,000 | 8,400 | 3,250 | 11,650 | 20% |
| Total | 580,000 | 230,500 | 60,500 | 291,000 | 50% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Mona F. Al-Harbi
Al-Harbi2026-01-13
Supervising engineer
Hussam T. Al-Qurashi
Al-Qurashi2026-01-15
Project manager
Dana S. Al-Saleh
Al-Saleh2026-01-18
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2026-01-21
Final approver
Dr. Abdullah S. Al-Qahtani
Al-Qahtani2026-01-24