Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 9
- Date
- 2026-07-24
- Hijri
- 10 Safar 1448 AH
- Reference
- PAY-2025-023-09
Interim payment certificate no. (9)
For the work of July 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 | 3,072,000 |
| 2 | Less: previous certificates | (2,818,000) |
| 3 | Value of work in this certificate | 254,000 |
| 4 | Less: retention (10%) | (25,400) |
| 5 | Less: advance payment recovery (10%) | (25,400) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (50,800) |
| 8 | Net before VAT | 203,200 |
| 9 | Add: value added tax (15%) | 30,480 |
| 10 | Net amount payable to the contractor | 233,680 |
Amount in words: Two hundred thirty-three thousand six hundred eighty Saudi riyals only
Retention held up to this certificate: SAR 307.2K — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Preliminaries & mobilisation | 413,000 | 385,550 | 27,450 | 413,000 | 100% |
| Earthworks & foundations | 1,062,000 | 796,650 | 60,650 | 857,300 | 81% |
| Concrete & structural works | 1,829,000 | 960,150 | 87,400 | 1,047,550 | 57% |
| Mechanical, electrical & plumbing | 1,416,000 | 464,300 | 51,800 | 516,100 | 36% |
| Finishes & external works | 885,000 | 184,350 | 23,000 | 207,350 | 23% |
| Testing & commissioning | 295,000 | 27,000 | 3,700 | 30,700 | 10% |
| Total | 5,900,000 | 2,818,000 | 254,000 | 3,072,000 | 52% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Eng. Talal H. Al-Ghamdi
Supervising engineer
Eng. Ibrahim A. Al-Ghamdi
Project manager
Eng. Fahad T. Al-Sulami
Finance & contracts
Khalid N. Al-Mutairi
Final approver
Dr. Abdullah S. Al-Qahtani