Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 2
- Date
- 2026-02-04
- Hijri
- 16 Shaʻban 1447 AH
- Reference
- PAY-2025-024-02
Interim payment certificate no. (2)
For the work of January 2026
- Contract number
- RC/2025/024
- Supplier-portal reference
- 2504790706
- Contract
- Shaqra branch — rehabilitation works
- Contractor
- Northern Build Contracting Co.
- Contractor VAT number
- 333500279140003
- Project
- Shaqra Branch Rehabilitation
- Contract period
- 2025-11-02 — 2027-09-30
- Original contract value
- 1,650,000
- Current contract value
- 1,650,000
- Linked milestone
- Earthworks & foundations complete · MS-G2 Designs approved
Certificate summary (SAR)
| 1 | Total value of work completed to date | 134,000 |
| 2 | Less: previous certificates | (47,500) |
| 3 | Value of work in this certificate | 86,500 |
| 4 | Less: retention (10%) | (8,650) |
| 5 | Less: advance payment recovery (10%) | (8,650) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (17,300) |
| 8 | Net before VAT | 69,200 |
| 9 | Add: value added tax (15%) | 10,380 |
| 10 | Net amount payable to the contractor | 79,580 |
Amount in words: Seventy-nine thousand five hundred eighty Saudi riyals only
Retention held up to this certificate: SAR 13.4K — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Preliminaries & mobilisation | 115,500 | 7,950 | 13,700 | 21,650 | 19% |
| Earthworks & foundations | 297,000 | 12,300 | 21,450 | 33,750 | 11% |
| Concrete & structural works | 511,500 | 16,150 | 29,550 | 45,700 | 9% |
| Mechanical, electrical & plumbing | 396,000 | 7,650 | 14,850 | 22,500 | 6% |
| Finishes & external works | 247,500 | 3,000 | 6,050 | 9,050 | 4% |
| Testing & commissioning | 82,500 | 450 | 900 | 1,350 | 2% |
| Total | 1,650,000 | 47,500 | 86,500 | 134,000 | 8% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Eng. Badr N. Al-Shammari
Al-Shammari2026-02-04
Supervising engineer
Eng. Ibrahim A. Al-Ghamdi
Al-Ghamdi2026-02-06
Project manager
Eng. Mishari K. Al-Otaibi
Al-Otaibi2026-02-09
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2026-02-12
Final approver
Dr. Abdullah S. Al-Qahtani
Al-Qahtani2026-02-15