Kingdom of Saudi Arabia
Saudi Contractors Authority
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 4
- Date
- 2025-01-02
- Hijri
- 2 Rajab 1446 AH
- Reference
- PAY-2024-017-04
Interim payment certificate no. (4)
For the work of December 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 | 20,500,000 |
| 2 | Less: previous certificates | (13,220,000) |
| 3 | Value of work in this certificate | 7,280,000 |
| 4 | Less: retention (10%) | (728,000) |
| 5 | Less: advance payment recovery (10%) | (728,000) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (1,456,000) |
| 8 | Net before VAT | 5,824,000 |
| 9 | Add: value added tax (15%) | 873,600 |
| 10 | Net amount payable to the contractor | 6,697,600 |
Amount in words: Six million six hundred ninety-seven thousand six hundred Saudi riyals only
Retention held up to this certificate: SAR 2.1M — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Preliminaries & mobilisation | 20,860,000 | 2,155,000 | 1,155,000 | 3,310,000 | 16% |
| Earthworks & foundations | 53,640,000 | 3,355,000 | 1,811,000 | 5,166,000 | 10% |
| Concrete & structural works | 92,380,000 | 4,506,000 | 2,485,000 | 6,991,000 | 8% |
| Mechanical, electrical & plumbing | 71,520,000 | 2,198,000 | 1,246,000 | 3,444,000 | 5% |
| Finishes & external works | 44,700,000 | 878,000 | 506,000 | 1,384,000 | 3% |
| Testing & commissioning | 14,900,000 | 128,000 | 77,000 | 205,000 | 1% |
| Total | 298,000,000 | 13,220,000 | 7,280,000 | 20,500,000 | 7% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Eng. Hamad S. Al-Hajri
Al-Hajri2025-01-02
Supervising engineer
Eng. Ibrahim A. Al-Ghamdi
Al-Ghamdi2025-01-04
Project manager
Eng. Ahmed Y. Asiri
Asiri2025-01-07
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2025-01-10
Authority holder
Dr. Abdullah S. Al-Qahtani
Al-Qahtani2025-01-13