Kingdom of Saudi Arabia
Saudi Contractors Authority
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 8
- Date
- 2025-07-09
- Hijri
- 14 Muharram 1447 AH
- Reference
- PAY-2024-017-08
Interim payment certificate no. (8)
For the work of June 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 | 55,940,000 |
| 2 | Less: previous certificates | (46,690,000) |
| 3 | Value of work in this certificate | 9,250,000 |
| 4 | Less: retention (10%) | (925,000) |
| 5 | Less: advance payment recovery (10%) | (925,000) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (1,850,000) |
| 8 | Net before VAT | 7,400,000 |
| 9 | Add: value added tax (15%) | 1,110,000 |
| 10 | Net amount payable to the contractor | 8,510,000 |
Amount in words: Eight million five hundred ten thousand Saudi riyals only
Retention held up to this certificate: SAR 5.6M — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Preliminaries & mobilisation | 20,860,000 | 7,617,000 | 1,417,000 | 9,034,000 | 43% |
| Earthworks & foundations | 53,640,000 | 11,854,000 | 2,243,000 | 14,097,000 | 26% |
| Concrete & structural works | 92,380,000 | 15,913,000 | 3,163,000 | 19,076,000 | 21% |
| Mechanical, electrical & plumbing | 71,520,000 | 7,756,000 | 1,642,000 | 9,398,000 | 13% |
| Finishes & external works | 44,700,000 | 3,095,000 | 681,000 | 3,776,000 | 8% |
| Testing & commissioning | 14,900,000 | 455,000 | 104,000 | 559,000 | 4% |
| Total | 298,000,000 | 46,690,000 | 9,250,000 | 55,940,000 | 19% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Eng. Hamad S. Al-Hajri
Al-Hajri2025-07-09
Supervising engineer
Eng. Ibrahim A. Al-Ghamdi
Al-Ghamdi2025-07-11
Project manager
Eng. Ahmed Y. Asiri
Asiri2025-07-14
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2025-07-17
Authority holder
Dr. Abdullah S. Al-Qahtani
Al-Qahtani2025-07-20