Kingdom of Saudi Arabia
Saudi Contractors Authority
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 5
- Date
- 2025-02-18
- Hijri
- 19 Shaʻban 1446 AH
- Reference
- PAY-2024-017-05
Interim payment certificate no. (5)
For the work of January 2025
- 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 | 28,570,000 |
| 2 | Less: previous certificates | (20,500,000) |
| 3 | Value of work in this certificate | 8,070,000 |
| 4 | Less: retention (10%) | (807,000) |
| 5 | Less: advance payment recovery (10%) | (807,000) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (1,614,000) |
| 8 | Net before VAT | 6,456,000 |
| 9 | Add: value added tax (15%) | 968,400 |
| 10 | Net amount payable to the contractor | 7,424,400 |
Amount in words: Seven million four hundred twenty-four thousand four hundred Saudi riyals only
Retention held up to this certificate: SAR 2.9M — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Preliminaries & mobilisation | 20,860,000 | 3,343,000 | 1,271,000 | 4,614,000 | 22% |
| Earthworks & foundations | 53,640,000 | 5,203,000 | 1,997,000 | 7,200,000 | 13% |
| Concrete & structural works | 92,380,000 | 6,987,000 | 2,755,000 | 9,742,000 | 11% |
| Mechanical, electrical & plumbing | 71,520,000 | 3,408,000 | 1,392,000 | 4,800,000 | 7% |
| Finishes & external works | 44,700,000 | 1,360,000 | 568,000 | 1,928,000 | 4% |
| Testing & commissioning | 14,900,000 | 199,000 | 87,000 | 286,000 | 2% |
| Total | 298,000,000 | 20,500,000 | 8,070,000 | 28,570,000 | 10% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Eng. Hamad S. Al-Hajri
Al-Hajri2025-02-18
Supervising engineer
Eng. Ibrahim A. Al-Ghamdi
Al-Ghamdi2025-02-20
Project manager
Eng. Ahmed Y. Asiri
Asiri2025-02-23
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2025-02-26
Authority holder
Dr. Abdullah S. Al-Qahtani
Al-Qahtani2025-03-01