Kingdom of Saudi Arabia
Saudi Contractors Authority
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 2
- Date
- 2024-08-06
- Hijri
- 2 Safar 1446 AH
- Reference
- PAY-2024-009-02
Interim payment certificate no. (2)
For the work of July 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
- Design approved · MS-G2 Designs approved
Certificate summary (SAR)
| 1 | Total value of work completed to date | 950,000 |
| 2 | Less: previous certificates | (350,000) |
| 3 | Value of work in this certificate | 600,000 |
| 4 | Less: retention (5%) | (30,000) |
| 5 | Less: advance payment recovery (10%) | (60,000) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (90,000) |
| 8 | Net before VAT | 510,000 |
| 9 | Add: value added tax (15%) | 76,500 |
| 10 | Net amount payable to the contractor | 586,500 |
Amount in words: Five hundred eighty-six thousand five hundred Saudi riyals only
Retention held up to this certificate: SAR 47.5K — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Analysis & design | 1,035,000 | 82,000 | 127,000 | 209,000 | 20% |
| Licences & platform | 1,380,000 | 94,000 | 153,000 | 247,000 | 18% |
| Build & configuration | 2,070,000 | 103,000 | 182,000 | 285,000 | 14% |
| Systems integration | 1,035,000 | 40,000 | 74,000 | 114,000 | 11% |
| Testing & acceptance | 690,000 | 19,000 | 38,000 | 57,000 | 8% |
| Training & run | 690,000 | 12,000 | 26,000 | 38,000 | 6% |
| Total | 6,900,000 | 350,000 | 600,000 | 950,000 | 14% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Rayan M. Al-Shehri
Al-Shehri2024-08-06
Supervising engineer
Hussam T. Al-Qurashi
Al-Qurashi2024-08-08
Project manager
Karim Haddad
Haddad2024-08-11
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2024-08-14
Authority holder
Munirah A. Al-Khalidi
Al-Khalidi2024-08-17