Certificate ⁦6⁩ — September 2026

ApprovedKnowledge Training & Development Co.

Entrepreneurship Fast Track platform & readiness assessment services

Certificate ⁦5⁩

Kingdom of Saudi Arabia

Riyadh Chamber of Commerce & Industry

General Directorate of Finance & Procurement — Contracts & Procurement Department

Certificate no.: 6
Date: ⁦2026-10-06⁩
Hijri: 25 Rabiʻ II 1448 AH
Reference: PAY-2026-001-06

Interim payment certificate no. (⁦6⁩)

For the work of September 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: Annual service review · MS-G4 Testing & acceptance complete

Certificate summary (SAR)

1	Total value of work completed to date	147,000
2	Less: previous certificates	(133,000)
3	Value of work in this certificate	14,000
4	Less: retention (⁦5%⁩)	(700)
5	Less: advance payment recovery (⁦0%⁩)	0
6	Less: delay and breach penalties	0
7	Total deductions	(700)
8	Net before VAT	13,300
9	Add: value added tax (15%)	1,995
10	Net amount payable to the contractor	15,295

Amount in words: Fifteen thousand two hundred ninety-five Saudi riyals only

Retention held up to this certificate: SAR 7,350 — released after final acceptance.

Work by contract item

Item	Item value	Previous	This period	To date	Complete
Core service fees	171,500	94,500	9,900	104,400	⁦61%⁩
On-demand extra capacity	49,000	23,800	2,650	26,450	⁦54%⁩
Support & operations	24,500	14,700	1,450	16,150	⁦66%⁩
Total	245,000	133,000	14,000	147,000	⁦60%⁩

Amounts in Saudi riyals.

Signatures and approvals

Contractor’s representative

Latifa S. Al-Otaibi

Al-Otaibi⁦2026-10-06⁩

Supervising engineer

Hussam T. Al-Qurashi

Al-Qurashi⁦2026-10-08⁩

Project manager

Ghada A. Al-Shahrani

Al-Shahrani⁦2026-10-11⁩

Finance & contracts

Khalid N. Al-Mutairi

Al-Mutairi⁦2026-10-14⁩

Final approver

Munirah A. Al-Khalidi

Al-Khalidi⁦2026-10-17⁩

Approval chain

Fully approved and sent for payment

Certificate submitted⁦2026-10-06⁩
Latifa S. Al-Otaibi
Engineer verifies quantities⁦2026-10-08⁩
Hussam T. Al-Qurashi · Senior Software Engineer – Integration
Took 2 days
Project manager certifies⁦2026-10-11⁩
Ghada A. Al-Shahrani · Director, Entrepreneurship & Young Businesspeople
Took 3 days
Payment order prepared⁦2026-10-14⁩
Khalid N. Al-Mutairi · Senior Finance & Procurement SpecialistPayment request creator
Took 3 days
Final approval⁦2026-10-17⁩
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 milestoneAnnual service reviewLate · ⁦2026-09-14⁩
Project milestoneMS-G4Testing & acceptance completeMilestone not approved yet

Deliverables & completion certificates

Not every completion certificate is issued yet — the amount tied to the milestone is not released before its deliverables are accepted.

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

17 October 2026

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

14 October 2026

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

11 October 2026

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

8 October 2026

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

6 October 2026

Approval: Contractor signed “Certificate submitted”
09:00