Kingdom of Saudi Arabia
Saudi Contractors Authority
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 3
- Date
- 2024-11-17
- Hijri
- 15 Jumada I 1446 AH
- Reference
- PAY-2024-017-03
Interim payment certificate no. (3)
For the work of October 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 | 13,220,000 |
| 2 | Less: previous certificates | (7,940,000) |
| 3 | Value of work in this certificate | 5,280,000 |
| 4 | Less: retention (10%) | (528,000) |
| 5 | Less: advance payment recovery (10%) | (528,000) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (1,056,000) |
| 8 | Net before VAT | 4,224,000 |
| 9 | Add: value added tax (15%) | 633,600 |
| 10 | Net amount payable to the contractor | 4,857,600 |
Amount in words: Four million eight hundred fifty-seven thousand six hundred Saudi riyals only
Retention held up to this certificate: SAR 1.3M — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Preliminaries & mobilisation | 20,860,000 | 1,292,000 | 844,000 | 2,136,000 | 10% |
| Earthworks & foundations | 53,640,000 | 2,011,000 | 1,320,000 | 3,331,000 | 6% |
| Concrete & structural works | 92,380,000 | 2,706,000 | 1,802,000 | 4,508,000 | 5% |
| Mechanical, electrical & plumbing | 71,520,000 | 1,323,000 | 898,000 | 2,221,000 | 3% |
| Finishes & external works | 44,700,000 | 529,000 | 363,000 | 892,000 | 2% |
| Testing & commissioning | 14,900,000 | 79,000 | 53,000 | 132,000 | 1% |
| Total | 298,000,000 | 7,940,000 | 5,280,000 | 13,220,000 | 4% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Eng. Hamad S. Al-Hajri
Al-Hajri2024-11-17
Supervising engineer
Eng. Ibrahim A. Al-Ghamdi
Al-Ghamdi2024-11-19
Project manager
Eng. Ahmed Y. Asiri
Asiri2024-11-22
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2024-11-25
Authority holder
Dr. Abdullah S. Al-Qahtani
Al-Qahtani2024-11-28