Kingdom of Saudi Arabia
Saudi Contractors Authority
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 7
- Date
- 2025-05-23
- Hijri
- 25 Dhuʻl-Qiʻdah 1446 AH
- Reference
- PAY-2024-017-07
Interim payment certificate no. (7)
For the work of May 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
- Structure complete · MS-G3 Build complete
Certificate summary (SAR)
| 1 | Total value of work completed to date | 46,690,000 |
| 2 | Less: previous certificates | (36,450,000) |
| 3 | Value of work in this certificate | 10,240,000 |
| 4 | Less: retention (10%) | (1,024,000) |
| 5 | Less: advance payment recovery (10%) | (1,024,000) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (2,048,000) |
| 8 | Net before VAT | 8,192,000 |
| 9 | Add: value added tax (15%) | 1,228,800 |
| 10 | Net amount payable to the contractor | 9,420,800 |
Amount in words: Nine million four hundred twenty thousand eight hundred Saudi riyals only
Retention held up to this certificate: SAR 4.7M — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Preliminaries & mobilisation | 20,860,000 | 5,955,000 | 1,585,000 | 7,540,000 | 36% |
| Earthworks & foundations | 53,640,000 | 9,265,000 | 2,501,000 | 11,766,000 | 22% |
| Concrete & structural works | 92,380,000 | 12,421,000 | 3,500,000 | 15,921,000 | 17% |
| Mechanical, electrical & plumbing | 71,520,000 | 6,044,000 | 1,800,000 | 7,844,000 | 11% |
| Finishes & external works | 44,700,000 | 2,410,000 | 742,000 | 3,152,000 | 7% |
| Testing & commissioning | 14,900,000 | 355,000 | 112,000 | 467,000 | 3% |
| Total | 298,000,000 | 36,450,000 | 10,240,000 | 46,690,000 | 16% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Eng. Hamad S. Al-Hajri
Supervising engineer
Eng. Ibrahim A. Al-Ghamdi
Project manager
Eng. Ahmed Y. Asiri
Finance & contracts
Khalid N. Al-Mutairi
Authority holder
Dr. Abdullah S. Al-Qahtani