Kingdom of Saudi Arabia
Saudi Contractors Authority
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 2
- Date
- 2024-09-02
- Hijri
- 29 Safar 1446 AH
- Reference
- PAY-2024-012-02
Interim payment certificate no. (2)
For the work of August 2024
- Contract number
- SCA/2024/012
- Etimad reference
- 2401850160
- Contract
- HR self-service implementation
- Contractor
- Integrated Business Systems Co.
- Contractor VAT number
- 310104366820003
- Project
- HR Self-Service
- Contract period
- 2024-06-02 — 2025-09-30
- Original contract value
- 8,800,000
- Current contract value
- 8,800,000
- Linked milestone
- Design approved · MS-G1 Project plan approved
Certificate summary (SAR)
| 1 | Total value of work completed to date | 1,060,000 |
| 2 | Less: previous certificates | (400,000) |
| 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 53K — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Analysis & design | 1,320,000 | 93,000 | 140,000 | 233,000 | 18% |
| Licences & platform | 1,760,000 | 107,000 | 169,000 | 276,000 | 16% |
| Build & configuration | 2,640,000 | 118,000 | 200,000 | 318,000 | 12% |
| Systems integration | 1,320,000 | 46,000 | 81,000 | 127,000 | 10% |
| Testing & acceptance | 880,000 | 22,000 | 42,000 | 64,000 | 7% |
| Training & run | 880,000 | 14,000 | 28,000 | 42,000 | 5% |
| Total | 8,800,000 | 400,000 | 660,000 | 1,060,000 | 12% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Mona F. Al-Harbi
Al-Harbi2024-09-02
Supervising engineer
Hussam T. Al-Qurashi
Al-Qurashi2024-09-04
Project manager
Dana S. Al-Saleh
Al-Saleh2024-09-07
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2024-09-10
Authority holder
Munirah A. Al-Khalidi
Al-Khalidi2024-09-13