Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 7
- Date
- 2026-07-08
- Hijri
- 23 Muharram 1448 AH
- Reference
- PAY-2025-020-07
Interim payment certificate no. (7)
For the work of June 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
- MEP systems installed · MS-G4 Testing & acceptance complete
Certificate summary (SAR)
| 1 | Total value of work completed to date | 2,555,500 |
| 2 | Less: previous certificates | (2,216,000) |
| 3 | Value of work in this certificate | 339,500 |
| 4 | Less: retention (10%) | (33,950) |
| 5 | Less: advance payment recovery (10%) | (33,950) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (67,900) |
| 8 | Net before VAT | 271,600 |
| 9 | Add: value added tax (15%) | 40,740 |
| 10 | Net amount payable to the contractor | 312,340 |
Amount in words: Three hundred twelve thousand three hundred forty Saudi riyals only
Retention held up to this certificate: SAR 255.6K — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Preliminaries & mobilisation | 378,000 | 336,250 | 41,750 | 378,000 | 100% |
| Earthworks & foundations | 972,000 | 599,750 | 78,950 | 678,700 | 70% |
| Concrete & structural works | 1,674,000 | 754,700 | 116,750 | 871,450 | 52% |
| Mechanical, electrical & plumbing | 1,296,000 | 361,700 | 67,600 | 429,300 | 33% |
| Finishes & external works | 810,000 | 142,800 | 29,700 | 172,500 | 21% |
| Testing & commissioning | 270,000 | 20,800 | 4,750 | 25,550 | 9% |
| Total | 5,400,000 | 2,216,000 | 339,500 | 2,555,500 | 47% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Eng. Ammar Y. Bakhashab
Supervising engineer
Eng. Ibrahim A. Al-Ghamdi
Project manager
Eng. Omar H. Bawazir
Finance & contracts
Khalid N. Al-Mutairi
Final approver
Dr. Abdullah S. Al-Qahtani