Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 8
- Date
- 2026-06-01
- Hijri
- 15 Dhuʻl-Hijjah 1447 AH
- Reference
- PAY-2025-023-08
Interim payment certificate no. (8)
For the work of May 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
- MEP systems installed · MS-G4 Testing & acceptance complete
Certificate summary (SAR)
| 1 | Total value of work completed to date | 2,818,000 |
| 2 | Less: previous certificates | (2,484,500) |
| 3 | Value of work in this certificate | 333,500 |
| 4 | Less: retention (10%) | (33,350) |
| 5 | Less: advance payment recovery (10%) | (33,350) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (66,700) |
| 8 | Net before VAT | 266,800 |
| 9 | Add: value added tax (15%) | 40,020 |
| 10 | Net amount payable to the contractor | 306,820 |
Amount in words: Three hundred six thousand eight hundred twenty Saudi riyals only
Retention held up to this certificate: SAR 281.8K — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Preliminaries & mobilisation | 413,000 | 372,500 | 40,500 | 413,000 | 100% |
| Earthworks & foundations | 1,062,000 | 674,450 | 77,800 | 752,250 | 71% |
| Concrete & structural works | 1,829,000 | 846,300 | 114,650 | 960,950 | 53% |
| Mechanical, electrical & plumbing | 1,416,000 | 406,850 | 66,550 | 473,400 | 33% |
| Finishes & external works | 885,000 | 160,950 | 29,250 | 190,200 | 21% |
| Testing & commissioning | 295,000 | 23,450 | 4,750 | 28,200 | 10% |
| Total | 5,900,000 | 2,484,500 | 333,500 | 2,818,000 | 48% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Eng. Talal H. Al-Ghamdi
Al-Ghamdi2026-06-01
Supervising engineer
Eng. Ibrahim A. Al-Ghamdi
Al-Ghamdi2026-06-03
Project manager
Eng. Fahad T. Al-Sulami
Al-Sulami2026-06-06
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2026-06-09
Final approver
Dr. Abdullah S. Al-Qahtani
Al-Qahtani2026-06-12