Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 5
- Date
- 2026-03-11
- Hijri
- 22 Ramadan 1447 AH
- Reference
- PAY-2025-020-05
Interim payment certificate no. (5)
For the work of February 2026
- Contract number
- RC/2025/020
- Supplier-portal reference
- 2504510654
- Contract
- Unified enterprise network roll-out — HQ & branches
- Contractor
- Smart Link Telecom & Security Systems Co.
- Contractor VAT number
- 340303165720003
- Project
- Unified Enterprise Network for HQ & the Branches
- Contract period
- 2025-06-01 — 2027-01-31
- Original contract value
- 5,400,000
- Current contract value
- 5,400,000
- Linked milestone
- Structure complete · MS-G3 Build complete
Certificate summary (SAR)
| 1 | Total value of work completed to date | 1,846,000 |
| 2 | Less: previous certificates | (1,375,500) |
| 3 | Value of work in this certificate | 470,500 |
| 4 | Less: retention (10%) | (47,050) |
| 5 | Less: advance payment recovery (10%) | (47,050) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (94,100) |
| 8 | Net before VAT | 376,400 |
| 9 | Add: value added tax (15%) | 56,460 |
| 10 | Net amount payable to the contractor | 432,860 |
Amount in words: Four hundred thirty-two thousand eight hundred sixty Saudi riyals only
Retention held up to this certificate: SAR 184.6K — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Preliminaries & mobilisation | 378,000 | 230,250 | 67,850 | 298,100 | 79% |
| Earthworks & foundations | 972,000 | 355,950 | 109,250 | 465,200 | 48% |
| Concrete & structural works | 1,674,000 | 468,150 | 161,350 | 629,500 | 38% |
| Mechanical, electrical & plumbing | 1,296,000 | 221,750 | 88,400 | 310,150 | 24% |
| Finishes & external works | 810,000 | 86,850 | 37,750 | 124,600 | 15% |
| Testing & commissioning | 270,000 | 12,550 | 5,900 | 18,450 | 7% |
| Total | 5,400,000 | 1,375,500 | 470,500 | 1,846,000 | 34% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Eng. Ammar Y. Bakhashab
Bakhashab2026-03-11
Supervising engineer
Eng. Ibrahim A. Al-Ghamdi
Al-Ghamdi2026-03-13
Project manager
Eng. Omar H. Bawazir
Bawazir2026-03-16
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2026-03-19
Final approver
Dr. Abdullah S. Al-Qahtani
Al-Qahtani2026-03-22