Kingdom of Saudi Arabia
Saudi Contractors Authority
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 1
- Date
- 2024-06-19
- Hijri
- 13 Dhuʻl-Hijjah 1445 AH
- Reference
- PAY-2024-009-01
Interim payment certificate no. (1)
For the work of May 2024
- Contract number
- SCA/2024/009
- Etimad reference
- 2401640121
- Contract
- Electronic model contracts platform development
- Contractor
- Digital Platforms Solutions Co.
- Contractor VAT number
- 310105738640003
- Project
- Electronic Model Contracts
- Contract period
- 2024-05-05 — 2025-07-31
- Original contract value
- 6,900,000
- Current contract value
- 6,900,000
- Linked milestone
- Inception & requirements · MS-G1 Project plan approved
Certificate summary (SAR)
| 1 | Total value of work completed to date | 350,000 |
| 2 | Less: previous certificates | 0 |
| 3 | Value of work in this certificate | 350,000 |
| 4 | Less: retention (5%) | (17,500) |
| 5 | Less: advance payment recovery (10%) | (35,000) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (52,500) |
| 8 | Net before VAT | 297,500 |
| 9 | Add: value added tax (15%) | 44,625 |
| 10 | Net amount payable to the contractor | 342,125 |
Amount in words: Three hundred forty-two thousand one hundred twenty-five Saudi riyals only
Retention held up to this certificate: SAR 17.5K — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Analysis & design | 1,035,000 | 0 | 77,000 | 77,000 | 7% |
| Licences & platform | 1,380,000 | 0 | 91,000 | 91,000 | 7% |
| Build & configuration | 2,070,000 | 0 | 105,000 | 105,000 | 5% |
| Systems integration | 1,035,000 | 0 | 42,000 | 42,000 | 4% |
| Testing & acceptance | 690,000 | 0 | 21,000 | 21,000 | 3% |
| Training & run | 690,000 | 0 | 14,000 | 14,000 | 2% |
| Total | 6,900,000 | 0 | 350,000 | 350,000 | 5% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Rayan M. Al-Shehri
Al-Shehri2024-06-19
Supervising engineer
Hussam T. Al-Qurashi
Al-Qurashi2024-06-21
Project manager
Karim Haddad
Haddad2024-06-24
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2024-06-27
Authority holder
Munirah A. Al-Khalidi
Al-Khalidi2024-06-30