Kingdom of Saudi Arabia
Saudi Contractors Authority
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 4
- Date
- 2024-11-10
- Hijri
- 8 Jumada I 1446 AH
- Reference
- PAY-2024-009-04
Interim payment certificate no. (4)
For the work of October 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 | 2,530,000 |
| 2 | Less: previous certificates | (1,610,000) |
| 3 | Value of work in this certificate | 920,000 |
| 4 | Less: retention (5%) | (46,000) |
| 5 | Less: advance payment recovery (10%) | (92,000) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (138,000) |
| 8 | Net before VAT | 782,000 |
| 9 | Add: value added tax (15%) | 117,300 |
| 10 | Net amount payable to the contractor | 899,300 |
Amount in words: Eight hundred ninety-nine thousand three hundred Saudi riyals only
Retention held up to this certificate: SAR 126.5K — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Analysis & design | 1,035,000 | 378,000 | 178,000 | 556,000 | 54% |
| Licences & platform | 1,380,000 | 432,000 | 226,000 | 658,000 | 48% |
| Build & configuration | 2,070,000 | 473,000 | 286,000 | 759,000 | 37% |
| Systems integration | 1,035,000 | 183,000 | 121,000 | 304,000 | 29% |
| Testing & acceptance | 690,000 | 88,000 | 64,000 | 152,000 | 22% |
| Training & run | 690,000 | 56,000 | 45,000 | 101,000 | 15% |
| Total | 6,900,000 | 1,610,000 | 920,000 | 2,530,000 | 37% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Rayan M. Al-Shehri
Al-Shehri2024-11-10
Supervising engineer
Hussam T. Al-Qurashi
Al-Qurashi2024-11-12
Project manager
Karim Haddad
Haddad2024-11-15
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2024-11-18
Authority holder
Munirah A. Al-Khalidi
Al-Khalidi2024-11-21