Kingdom of Saudi Arabia
Saudi Contractors Authority
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 3
- Date
- 2024-09-23
- Hijri
- 20 Rabiʻ I 1446 AH
- Reference
- PAY-2024-009-03
Interim payment certificate no. (3)
For the work of September 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
- Release 1 built · MS-G3 Build complete
Certificate summary (SAR)
| 1 | Total value of work completed to date | 1,610,000 |
| 2 | Less: previous certificates | (950,000) |
| 3 | Value of work in this certificate | 660,000 |
| 4 | Less: retention (5%) | (33,000) |
| 5 | Less: advance payment recovery (10%) | (66,000) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (99,000) |
| 8 | Net before VAT | 561,000 |
| 9 | Add: value added tax (15%) | 84,150 |
| 10 | Net amount payable to the contractor | 645,150 |
Amount in words: Six hundred forty-five thousand one hundred fifty Saudi riyals only
Retention held up to this certificate: SAR 80.5K — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Analysis & design | 1,035,000 | 219,000 | 135,000 | 354,000 | 34% |
| Licences & platform | 1,380,000 | 253,000 | 166,000 | 419,000 | 30% |
| Build & configuration | 2,070,000 | 281,000 | 202,000 | 483,000 | 23% |
| Systems integration | 1,035,000 | 110,000 | 83,000 | 193,000 | 19% |
| Testing & acceptance | 690,000 | 54,000 | 43,000 | 97,000 | 14% |
| Training & run | 690,000 | 33,000 | 31,000 | 64,000 | 9% |
| Total | 6,900,000 | 950,000 | 660,000 | 1,610,000 | 23% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Rayan M. Al-Shehri
Al-Shehri2024-09-23
Supervising engineer
Hussam T. Al-Qurashi
Al-Qurashi2024-09-25
Project manager
Karim Haddad
Haddad2024-09-28
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2024-10-01
Authority holder
Munirah A. Al-Khalidi
Al-Khalidi2024-10-04