Kingdom of Saudi Arabia
Saudi Contractors Authority
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 5
- Date
- 2024-12-28
- Hijri
- 27 Jumada II 1446 AH
- Reference
- PAY-2024-009-05
Interim payment certificate no. (5)
For the work of December 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
- Integration & UAT · MS-G4 Testing & acceptance complete
Certificate summary (SAR)
| 1 | Total value of work completed to date | 3,490,000 |
| 2 | Less: previous certificates | (2,530,000) |
| 3 | Value of work in this certificate | 960,000 |
| 4 | Less: retention (5%) | (48,000) |
| 5 | Less: advance payment recovery (10%) | (96,000) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (144,000) |
| 8 | Net before VAT | 816,000 |
| 9 | Add: value added tax (15%) | 122,400 |
| 10 | Net amount payable to the contractor | 938,400 |
Amount in words: Nine hundred thirty-eight thousand four hundred Saudi riyals only
Retention held up to this certificate: SAR 174.5K — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Analysis & design | 1,035,000 | 596,000 | 172,000 | 768,000 | 74% |
| Licences & platform | 1,380,000 | 680,000 | 227,000 | 907,000 | 66% |
| Build & configuration | 2,070,000 | 743,000 | 304,000 | 1,047,000 | 51% |
| Systems integration | 1,035,000 | 286,000 | 133,000 | 419,000 | 40% |
| Testing & acceptance | 690,000 | 137,000 | 72,000 | 209,000 | 30% |
| Training & run | 690,000 | 88,000 | 52,000 | 140,000 | 20% |
| Total | 6,900,000 | 2,530,000 | 960,000 | 3,490,000 | 51% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Rayan M. Al-Shehri
Al-Shehri2024-12-28
Supervising engineer
Hussam T. Al-Qurashi
Al-Qurashi2024-12-30
Project manager
Karim Haddad
Haddad2025-01-02
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2025-01-05
Authority holder
Munirah A. Al-Khalidi
Al-Khalidi2025-01-08