Kingdom of Saudi Arabia
Saudi Contractors Authority
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 2
- Date
- 2024-10-01
- Hijri
- 28 Rabiʻ I 1446 AH
- Reference
- PAY-2024-017-02
Interim payment certificate no. (2)
For the work of September 2024
- Contract number
- SCA/2024/017
- Etimad reference
- 2402200225
- Contract
- Qassim vocational qualification centre — construction
- Contractor
- Al-Bunyan Al-Rasekh Contracting Co.
- Contractor VAT number
- 310102487310003
- Project
- Qassim Vocational Qualification Centre
- Contract period
- 2024-07-01 — 2027-05-31
- Original contract value
- 298,000,000
- Current contract value
- 298,000,000
- Linked milestone
- Earthworks & foundations complete · MS-G2 Designs approved
Certificate summary (SAR)
| 1 | Total value of work completed to date | 7,940,000 |
| 2 | Less: previous certificates | (3,200,000) |
| 3 | Value of work in this certificate | 4,740,000 |
| 4 | Less: retention (10%) | (474,000) |
| 5 | Less: advance payment recovery (10%) | (474,000) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (948,000) |
| 8 | Net before VAT | 3,792,000 |
| 9 | Add: value added tax (15%) | 568,800 |
| 10 | Net amount payable to the contractor | 4,360,800 |
Amount in words: Four million three hundred sixty thousand eight hundred Saudi riyals only
Retention held up to this certificate: SAR 794K — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Preliminaries & mobilisation | 20,860,000 | 522,000 | 760,000 | 1,282,000 | 6% |
| Earthworks & foundations | 53,640,000 | 812,000 | 1,189,000 | 2,001,000 | 4% |
| Concrete & structural works | 92,380,000 | 1,091,000 | 1,617,000 | 2,708,000 | 3% |
| Mechanical, electrical & plumbing | 71,520,000 | 532,000 | 802,000 | 1,334,000 | 2% |
| Finishes & external works | 44,700,000 | 212,000 | 324,000 | 536,000 | 1% |
| Testing & commissioning | 14,900,000 | 31,000 | 48,000 | 79,000 | 1% |
| Total | 298,000,000 | 3,200,000 | 4,740,000 | 7,940,000 | 3% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Eng. Hamad S. Al-Hajri
Al-Hajri2024-10-01
Supervising engineer
Eng. Ibrahim A. Al-Ghamdi
Al-Ghamdi2024-10-03
Project manager
Eng. Ahmed Y. Asiri
Asiri2024-10-06
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2024-10-09
Authority holder
Dr. Abdullah S. Al-Qahtani
Al-Qahtani2024-10-12