Certificate ⁦2⁩ — March 2026

ApprovedKnowledge Training & Development Co.

Entrepreneurship Fast Track platform & readiness assessment services

Certificate ⁦1⁩Certificate ⁦3⁩

Kingdom of Saudi Arabia

Riyadh Chamber of Commerce & Industry

General Directorate of Finance & Procurement — Contracts & Procurement Department

Certificate no.: 2
Date: ⁦2026-04-05⁩
Hijri: 17 Shawwal 1447 AH
Reference: PAY-2026-001-02

Interim payment certificate no. (⁦2⁩)

For the work of March 2026

Contract number: RC/2026/001
Supplier-portal reference: 2605280797
Contract: Entrepreneurship Fast Track platform & readiness assessment services
Contractor: Knowledge Training & Development Co.
Contractor VAT number: 310109053180003
Project: Entrepreneurship Fast Track Platform
Contract period: ⁦2026-01-04⁩ — ⁦2026-12-31⁩
Original contract value: 245,000
Current contract value: 245,000
Linked milestone: Half-year service review · MS-G2 Designs approved

Certificate summary (SAR)

1	Total value of work completed to date	43,000
2	Less: previous certificates	(15,000)
3	Value of work in this certificate	28,000
4	Less: retention (⁦5%⁩)	(1,400)
5	Less: advance payment recovery (⁦0%⁩)	0
6	Less: delay and breach penalties	0
7	Total deductions	(1,400)
8	Net before VAT	26,600
9	Add: value added tax (15%)	3,990
10	Net amount payable to the contractor	30,590

Amount in words: Thirty thousand five hundred ninety Saudi riyals only

Retention held up to this certificate: SAR 2,150 — released after final acceptance.

Work by contract item

Item	Item value	Previous	This period	To date	Complete
Core service fees	171,500	10,650	19,850	30,500	⁦18%⁩
On-demand extra capacity	49,000	2,650	5,100	7,750	⁦16%⁩
Support & operations	24,500	1,700	3,050	4,750	⁦19%⁩
Total	245,000	15,000	28,000	43,000	⁦18%⁩

Amounts in Saudi riyals.

Signatures and approvals

Contractor’s representative

Latifa S. Al-Otaibi

Al-Otaibi⁦2026-04-05⁩

Supervising engineer

Hussam T. Al-Qurashi

Al-Qurashi⁦2026-04-07⁩

Project manager

Ghada A. Al-Shahrani

Al-Shahrani⁦2026-04-10⁩

Finance & contracts

Khalid N. Al-Mutairi

Al-Mutairi⁦2026-04-13⁩

Final approver

Munirah A. Al-Khalidi

Al-Khalidi⁦2026-04-16⁩

Approval chain

Fully approved and sent for payment

Certificate submitted⁦2026-04-05⁩
Latifa S. Al-Otaibi
Engineer verifies quantities⁦2026-04-07⁩
Hussam T. Al-Qurashi · Senior Software Engineer – Integration
Took 2 days
Project manager certifies⁦2026-04-10⁩
Ghada A. Al-Shahrani · Director, Entrepreneurship & Young Businesspeople
Took 3 days
Payment order prepared⁦2026-04-13⁩
Khalid N. Al-Mutairi · Senior Finance & Procurement SpecialistPayment request creator
Took 3 days
Final approval⁦2026-04-16⁩
Munirah A. Al-Khalidi · Director General, Finance & Procurement
Took 3 days

You are viewing as Dr. Noura M. Al-Otaibi

Linked milestone & deliverables

The certificate is paid against a contract milestone, tied to the project’s milestone and its deliverables

Contract milestoneHalf-year service reviewDone · ⁦2026-05-10⁩
Project milestoneMS-G2Designs approvedMilestone approved ⁦2026-07-11⁩1 evidence file

Deliverables & completion certificates

Every linked deliverable is accepted with a completion certificate.

Segregation of duties

The platform checks these rules on every certificate

The payment request’s creator does not approve itKhalid N. Al-Mutairi → Munirah A. Al-Khalidi
Whoever verified quantities does not prepare the payment orderHussam T. Al-Qurashi → Khalid N. Al-Mutairi
The project manager does not approve the paymentGhada A. Al-Shahrani → Munirah A. Al-Khalidi

The contract’s certificates

Count: ⁦6⁩

All certificates of the contract

Certificate history

16 April 2026

Payment: Munirah A. Al-Khalidi signed “Final approval”
13:00

13 April 2026

Approval: Khalid N. Al-Mutairi signed “Payment order prepared”
13:00

10 April 2026

Approval: Ghada A. Al-Shahrani signed “Project manager certifies”
13:00

7 April 2026

Approval: Hussam T. Al-Qurashi signed “Engineer verifies quantities”
13:00

5 April 2026

Approval: Contractor signed “Certificate submitted”
09:00