Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 10
- Date
- 2026-09-16
- Hijri
- 5 Rabiʻ II 1448 AH
- Reference
- PAY-2025-023-10
Interim payment certificate no. (10)
For the work of August 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 | 3,245,000 |
| 2 | Less: previous certificates | (3,072,000) |
| 3 | Value of work in this certificate | 173,000 |
| 4 | Less: retention (10%) | (17,300) |
| 5 | Less: advance payment recovery (10%) | (17,300) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (34,600) |
| 8 | Net before VAT | 138,400 |
| 9 | Add: value added tax (15%) | 20,760 |
| 10 | Net amount payable to the contractor | 159,160 |
Amount in words: One hundred fifty-nine thousand one hundred sixty Saudi riyals only
Retention held up to this certificate: SAR 324.5K — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Preliminaries & mobilisation | 413,000 | 395,700 | 17,300 | 413,000 | 100% |
| Earthworks & foundations | 1,062,000 | 887,100 | 41,700 | 928,800 | 87% |
| Concrete & structural works | 1,829,000 | 1,047,000 | 59,550 | 1,106,550 | 61% |
| Mechanical, electrical & plumbing | 1,416,000 | 509,350 | 35,800 | 545,150 | 38% |
| Finishes & external works | 885,000 | 203,050 | 16,000 | 219,050 | 25% |
| Testing & commissioning | 295,000 | 29,800 | 2,650 | 32,450 | 11% |
| Total | 5,900,000 | 3,072,000 | 173,000 | 3,245,000 | 55% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Eng. Talal H. Al-Ghamdi
Al-Ghamdi2026-09-16
Supervising engineer
Eng. Ibrahim A. Al-Ghamdi
Al-Ghamdi2026-09-18
Project manager
Eng. Fahad T. Al-Sulami
Al-Sulami2026-09-21
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2026-09-24
Final approver
Dr. Abdullah S. Al-Qahtani
Al-Qahtani2026-09-27