Kingdom of Saudi Arabia
Saudi Contractors Authority
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 7
- Date
- 2025-04-03
- Hijri
- 5 Shawwal 1446 AH
- Reference
- PAY-2024-009-07
Interim payment certificate no. (7)
For the work of March 2025
- 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
- Go-live · MS-G4 Testing & acceptance complete
Certificate summary (SAR)
| 1 | Total value of work completed to date | 5,280,000 |
| 2 | Less: previous certificates | (4,330,000) |
| 3 | Value of work in this certificate | 950,000 |
| 4 | Less: retention (5%) | (47,500) |
| 5 | Less: advance payment recovery (10%) | (95,000) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (142,500) |
| 8 | Net before VAT | 807,500 |
| 9 | Add: value added tax (15%) | 121,125 |
| 10 | Net amount payable to the contractor | 928,625 |
Amount in words: Nine hundred twenty-eight thousand six hundred twenty-five Saudi riyals only
Retention held up to this certificate: SAR 264K — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Analysis & design | 1,035,000 | 923,000 | 112,000 | 1,035,000 | 100% |
| Licences & platform | 1,380,000 | 1,181,000 | 199,000 | 1,380,000 | 100% |
| Build & configuration | 2,070,000 | 1,364,000 | 339,000 | 1,703,000 | 82% |
| Systems integration | 1,035,000 | 485,000 | 149,000 | 634,000 | 61% |
| Testing & acceptance | 690,000 | 231,000 | 86,000 | 317,000 | 46% |
| Training & run | 690,000 | 146,000 | 65,000 | 211,000 | 31% |
| Total | 6,900,000 | 4,330,000 | 950,000 | 5,280,000 | 77% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Rayan M. Al-Shehri
Supervising engineer
Hussam T. Al-Qurashi
Project manager
Karim Haddad
Finance & contracts
Khalid N. Al-Mutairi
Authority holder
Munirah A. Al-Khalidi