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PRJ-2026-026On hold3PlanningWaterfallStopped

Energy Retrofit of the Chamber’s Existing Buildings (ESCO)

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HVAC and lighting retrofit on energy-performance contracts; on hold pending funding.

Budget (BAC)

SAR 1.7M

Actual cost

SAR 132K

⁦8%⁩ of budget

Progress

⁦8%⁩Awaiting acceptance ⁦6%⁩

Estimate at completion

SAR 1.7M

SPI · CPI

0.89Schedule performance index · 0.891.00Cost performance index · 1.00

Forecast finish

⁦2027-10-31⁩

123 days behind baseline

PlanningStage ⁦3⁩ of ⁦5⁩

Next gate:Execution24 April 2026

  1. Pre-start · CompletePre-start · Complete
  2. Gate into «Initiation»DecisionGoDate3 December 2025Initiation · CompleteInitiation · Complete
  3. Gate into «Planning»DecisionGoDate1 February 2026Planning · Current stagePlanning · Current stage
  4. Gate into «Execution»DecisionNot held yetDate24 April 2026Execution · Not startedExecution · Not started
  5. Gate into «Closure»DecisionNot held yetClosure · Not startedClosure · Not started
Fields required by the project’s stage (Planning): 15 fields required now.Field settings

Riyadh Chamber of Commerce & Industry

Project charter

Energy Retrofit of the Chamber’s Existing Buildings (ESCO)

APPROVEDV2Approved ⁦2026-01-30⁩

1Project identity

Required at this stage
Project name
Energy Retrofit of the Chamber’s Existing Buildings (ESCO)
Project code
PRJ-2026-026
Project sponsor
Sarah A. Al-QarniSarah A. Al-QarniAssistant Secretary-General, Support ServicesP-012s.alqarni@chamber.sa
Project manager
Eng. Mishari K. Al-OtaibiEng. Mishari K. Al-OtaibiDirector, Sustainability & Social ResponsibilityP-028m.alotaibi@chamber.sa
Project owner
Eng. Bandar M. Al-ShammariEng. Bandar M. Al-ShammariDirector General, Facilities & General ServicesP-013b.alshammari@chamber.sa
Portfolio & programme
Building Rehabilitation & Sustainability PortfolioBuilding Rehabilitation & Efficiency Programme
Type & methodology
Infrastructure · Waterfall
Current phase
3Planning

2Background & rationale

Required at this stage

HVAC and lighting retrofit on energy-performance contracts; on hold pending funding.

3Objectives

Required at this stage
  1. 1Financial sustainability
Serves the strategic objectives:SO-4.1Financial sustainability

4Scope

Required at this stage

In scope

  • HVAC and lighting retrofit on energy-performance contracts; on hold pending funding.
  • Saudi Building Code compliance
  • An approved plan to keep member services and training running during the works

Out of scope

  • Operation and maintenance after the warranty period
  • Work outside the approved site or system boundary

5High-level requirements

Required at this stage
  1. 1Saudi Building Code compliance
  2. 2An approved plan to keep member services and training running during the works
  3. 3Civil-defence requirements

6Deliverables

Required at this stage
1Project management plan⁦2026-02-22⁩
2Main deliverable — stage 1⁦2026-10-21⁩
3Main deliverable — final stage⁦2027-04-19⁩
4Final report⁦2027-06-30⁩

7Key milestones

Required at this stage
  1. Charter approved⁦2026-01-30⁩
  2. Contract signed⁦2026-04-24⁩
  3. 50% of works complete⁦2026-10-21⁩
  4. Provisional acceptance⁦2027-05-20⁩
  5. Closure⁦2027-06-30⁩

8Budget

Required at this stage
  • Main contract⁦72.1%⁩1.2M
  • Supervision & consulting⁦13.6%⁩225K
  • Internal team⁦9.1%⁩150K
  • Contingency reserve (⁦5%⁩)⁦5.2%⁩85K
The owning sector’s approved budgetTotal1.7M

9Timeline

Required at this stage
Start
2026-02-0113 Shaʻban 1447 AH
Baseline finish
2027-06-3025 Muharram 1449 AH
Duration
⁦17⁩ months

10Key risks

Required at this stage
  • High⁦Funding left out of the 2027 budget⁩, keeping the tender suspended

11Constraints

Required at this stage
  • Stay within the approved budget
  • Comply with the Government Tenders & Procurement Law

12Assumptions

Required at this stage
  • Named internal staff available throughout
  • Approvals land within the workflow’s action time limits

13Stakeholders

Required at this stage
  • Project sponsorDecisions and funding
  • Project ownerAccepts deliverables, owns benefits
  • Project Management Office (PMO)Governance and compliance

14Success criteria

Required at this stage
  1. 1Delivered within the approved budget
  2. 2On the approved date ⁦±5%⁩
  3. 3⁦Target benefits within 12 months⁩

15Governance structure

Required at this stage
  • Change CommitteeApproves scope, cost and schedule changesWeekly
  • PMO CommitteeMethodology compliance, data quality, stage gatesFortnightly
  • Project management teamDay-to-day control, risks, impediments, the periodic update cardWeekly
Version V2 · ⁦4⁩ of ⁦4⁩ signaturesInternal — not for circulation outside the chamber
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