Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 7
- Date
- 2026-04-08
- Hijri
- 20 Shawwal 1447 AH
- Reference
- PAY-2025-023-07
Interim payment certificate no. (7)
For the work of March 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 | 2,484,500 |
| 2 | Less: previous certificates | (2,036,000) |
| 3 | Value of work in this certificate | 448,500 |
| 4 | Less: retention (10%) | (44,850) |
| 5 | Less: advance payment recovery (10%) | (44,850) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (89,700) |
| 8 | Net before VAT | 358,800 |
| 9 | Add: value added tax (15%) | 53,820 |
| 10 | Net amount payable to the contractor | 412,620 |
Amount in words: Four hundred twelve thousand six hundred twenty Saudi riyals only
Retention held up to this certificate: SAR 248.5K — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Preliminaries & mobilisation | 413,000 | 339,100 | 62,150 | 401,250 | 97% |
| Earthworks & foundations | 1,062,000 | 524,900 | 101,200 | 626,100 | 59% |
| Concrete & structural works | 1,829,000 | 693,100 | 154,100 | 847,200 | 46% |
| Mechanical, electrical & plumbing | 1,416,000 | 330,250 | 87,150 | 417,400 | 29% |
| Finishes & external works | 885,000 | 129,850 | 37,850 | 167,700 | 19% |
| Testing & commissioning | 295,000 | 18,800 | 6,050 | 24,850 | 8% |
| Total | 5,900,000 | 2,036,000 | 448,500 | 2,484,500 | 42% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Eng. Talal H. Al-Ghamdi
Al-Ghamdi2026-04-08
Supervising engineer
Eng. Ibrahim A. Al-Ghamdi
Al-Ghamdi2026-04-10
Project manager
Eng. Fahad T. Al-Sulami
Al-Sulami2026-04-13
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2026-04-16
Final approver
Dr. Abdullah S. Al-Qahtani
Al-Qahtani2026-04-19