Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 10
- Date
- 2026-06-04
- Hijri
- 18 Dhuʻl-Hijjah 1447 AH
- Reference
- PAY-2025-019-10
Interim payment certificate no. (10)
For the work of May 2026
- 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
- Go-live · MS-G4 Testing & acceptance complete
Certificate summary (SAR)
| 1 | Total value of work completed to date | 439,500 |
| 2 | Less: previous certificates | (390,500) |
| 3 | Value of work in this certificate | 49,000 |
| 4 | Less: retention (10%) | (4,900) |
| 5 | Less: advance payment recovery (10%) | (4,900) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (9,800) |
| 8 | Net before VAT | 39,200 |
| 9 | Add: value added tax (15%) | 5,880 |
| 10 | Net amount payable to the contractor | 45,080 |
Amount in words: Forty-five thousand eighty Saudi riyals only
Retention held up to this certificate: SAR 44K — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Analysis & design | 87,000 | 81,100 | 5,900 | 87,000 | 100% |
| Licences & platform | 116,000 | 105,550 | 10,450 | 116,000 | 100% |
| Build & configuration | 174,000 | 122,550 | 17,250 | 139,800 | 80% |
| Systems integration | 87,000 | 45,100 | 7,650 | 52,750 | 61% |
| Testing & acceptance | 58,000 | 21,950 | 4,400 | 26,350 | 45% |
| Training & run | 58,000 | 14,250 | 3,350 | 17,600 | 30% |
| Total | 580,000 | 390,500 | 49,000 | 439,500 | 76% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Mona F. Al-Harbi
Al-Harbi2026-06-04
Supervising engineer
Hussam T. Al-Qurashi
Al-Qurashi2026-06-06
Project manager
Dana S. Al-Saleh
Al-Saleh2026-06-09
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2026-06-12
Final approver
Munirah A. Al-Khalidi
Al-Khalidi2026-06-15