Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 11
- Date
- 2026-07-22
- Hijri
- 8 Safar 1448 AH
- Reference
- PAY-2025-019-11
Interim payment certificate no. (11)
For the work of July 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
- Hypercare & handover · MS-G5 Final handover
Certificate summary (SAR)
| 1 | Total value of work completed to date | 474,000 |
| 2 | Less: previous certificates | (439,500) |
| 3 | Value of work in this certificate | 34,500 |
| 4 | Less: retention (10%) | (3,450) |
| 5 | Less: advance payment recovery (10%) | (3,450) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (6,900) |
| 8 | Net before VAT | 27,600 |
| 9 | Add: value added tax (15%) | 4,140 |
| 10 | Net amount payable to the contractor | 31,740 |
Amount in words: Thirty-one thousand seven hundred forty Saudi riyals only
Retention held up to this certificate: SAR 47.4K — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Analysis & design | 87,000 | 83,650 | 3,350 | 87,000 | 100% |
| Licences & platform | 116,000 | 109,600 | 6,400 | 116,000 | 100% |
| Build & configuration | 174,000 | 153,250 | 13,450 | 166,700 | 96% |
| Systems integration | 87,000 | 51,350 | 5,550 | 56,900 | 65% |
| Testing & acceptance | 58,000 | 25,200 | 3,250 | 28,450 | 49% |
| Training & run | 58,000 | 16,450 | 2,500 | 18,950 | 33% |
| Total | 580,000 | 439,500 | 34,500 | 474,000 | 82% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Mona F. Al-Harbi
Al-Harbi2026-07-22
Supervising engineer
Hussam T. Al-Qurashi
Al-Qurashi2026-07-24
Project manager
Dana S. Al-Saleh
Al-Saleh2026-07-27
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2026-07-30
Final approver
Munirah A. Al-Khalidi
Al-Khalidi2026-08-02