Kingdom of Saudi Arabia
Saudi Contractors Authority
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 1
- Date
- 2024-03-17
- Hijri
- 7 Ramadan 1445 AH
- Reference
- PAY-2024-003-01
Interim payment certificate no. (1)
For the work of February 2024
- Contract number
- SCA/2024/003
- Etimad reference
- 2401220043
- Contract
- Design & build — Al-Khobar branch rehabilitation & extension
- Contractor
- United Buildings & Operations Co.
- Contractor VAT number
- 320510488360003
- Project
- Al-Khobar Branch — Rehabilitation & Extension
- Contract period
- 2024-02-01 — 2026-09-30
- Original contract value
- 352,000,000
- Current contract value
- 373,400,000including variations of SAR 21.4M
- Linked milestone
- Site handover & mobilisation · MS-G1 Project plan approved
Certificate summary (SAR)
| 1 | Total value of work completed to date | 3,470,000 |
| 2 | Less: previous certificates | 0 |
| 3 | Value of work in this certificate | 3,470,000 |
| 4 | Less: retention (10%) | (347,000) |
| 5 | Less: advance payment recovery (10%) | (347,000) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (694,000) |
| 8 | Net before VAT | 2,776,000 |
| 9 | Add: value added tax (15%) | 416,400 |
| 10 | Net amount payable to the contractor | 3,192,400 |
Amount in words: Three million one hundred ninety-two thousand four hundred Saudi riyals only
Retention held up to this certificate: SAR 347K — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Preliminaries & mobilisation | 26,138,000 | 0 | 561,000 | 561,000 | 2% |
| Earthworks & foundations | 67,212,000 | 0 | 874,000 | 874,000 | 1% |
| Concrete & structural works | 115,754,000 | 0 | 1,183,000 | 1,183,000 | 1% |
| Mechanical, electrical & plumbing | 89,616,000 | 0 | 583,000 | 583,000 | 1% |
| Finishes & external works | 56,010,000 | 0 | 234,000 | 234,000 | 0% |
| Testing & commissioning | 18,670,000 | 0 | 35,000 | 35,000 | 0% |
| Total | 373,400,000 | 0 | 3,470,000 | 3,470,000 | 1% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Eng. Samer A. Al-Qahtani
Al-Qahtani2024-03-17
Supervising engineer
Eng. Ibrahim A. Al-Ghamdi
Al-Ghamdi2024-03-19
Project manager
Eng. Waleed O. Al-Juhani
Al-Juhani2024-03-22
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2024-03-25
Authority holder
Dr. Abdullah S. Al-Qahtani
Al-Qahtani2024-03-28