Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 6
- Date
- 2026-02-13
- Hijri
- 25 Shaʻban 1447 AH
- Reference
- PAY-2025-023-06
Interim payment certificate no. (6)
For the work of January 2026
- Contract number
- RC/2025/023
- Supplier-portal reference
- 2504720693
- Contract
- New Premium Members Centre & VIP lounges — fit-out
- Contractor
- Coastline Contracting & Development Co.
- Contractor VAT number
- 340303951060003
- Project
- New Premium Members Centre & VIP Lounges
- Contract period
- 2025-04-06 — 2027-02-28
- Original contract value
- 5,900,000
- Current contract value
- 5,900,000
- Linked milestone
- Structure complete · MS-G3 Build complete
Certificate summary (SAR)
| 1 | Total value of work completed to date | 2,036,000 |
| 2 | Less: previous certificates | (1,640,000) |
| 3 | Value of work in this certificate | 396,000 |
| 4 | Less: retention (10%) | (39,600) |
| 5 | Less: advance payment recovery (10%) | (39,600) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (79,200) |
| 8 | Net before VAT | 316,800 |
| 9 | Add: value added tax (15%) | 47,520 |
| 10 | Net amount payable to the contractor | 364,320 |
Amount in words: Three hundred sixty-four thousand three hundred twenty Saudi riyals only
Retention held up to this certificate: SAR 203.6K — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Preliminaries & mobilisation | 413,000 | 271,750 | 57,050 | 328,800 | 80% |
| Earthworks & foundations | 1,062,000 | 421,200 | 91,850 | 513,050 | 48% |
| Concrete & structural works | 1,829,000 | 558,500 | 135,800 | 694,300 | 38% |
| Mechanical, electrical & plumbing | 1,416,000 | 267,550 | 74,500 | 342,050 | 24% |
| Finishes & external works | 885,000 | 105,600 | 31,850 | 137,450 | 16% |
| Testing & commissioning | 295,000 | 15,400 | 4,950 | 20,350 | 7% |
| Total | 5,900,000 | 1,640,000 | 396,000 | 2,036,000 | 35% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Eng. Talal H. Al-Ghamdi
Al-Ghamdi2026-02-13
Supervising engineer
Eng. Ibrahim A. Al-Ghamdi
Al-Ghamdi2026-02-15
Project manager
Eng. Fahad T. Al-Sulami
Al-Sulami2026-02-18
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2026-02-21
Final approver
Dr. Abdullah S. Al-Qahtani
Al-Qahtani2026-02-24