Kingdom of Saudi Arabia
Saudi Contractors Authority
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 10
- Date
- 2025-10-10
- Hijri
- 18 Rabiʻ II 1447 AH
- Reference
- PAY-2024-017-10
Interim payment certificate no. (10)
For the work of September 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 | 75,930,000 |
| 2 | Less: previous certificates | (65,250,000) |
| 3 | Value of work in this certificate | 10,680,000 |
| 4 | Less: retention (10%) | (1,068,000) |
| 5 | Less: advance payment recovery (10%) | (1,068,000) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (2,136,000) |
| 8 | Net before VAT | 8,544,000 |
| 9 | Add: value added tax (15%) | 1,281,600 |
| 10 | Net amount payable to the contractor | 9,825,600 |
Amount in words: Nine million eight hundred twenty-five thousand six hundred Saudi riyals only
Retention held up to this certificate: SAR 7.6M — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Preliminaries & mobilisation | 20,860,000 | 10,666,000 | 1,598,000 | 12,264,000 | 59% |
| Earthworks & foundations | 53,640,000 | 16,589,000 | 2,545,000 | 19,134,000 | 36% |
| Concrete & structural works | 92,380,000 | 22,236,000 | 3,656,000 | 25,892,000 | 28% |
| Mechanical, electrical & plumbing | 71,520,000 | 10,816,000 | 1,940,000 | 12,756,000 | 18% |
| Finishes & external works | 44,700,000 | 4,311,000 | 814,000 | 5,125,000 | 11% |
| Testing & commissioning | 14,900,000 | 632,000 | 127,000 | 759,000 | 5% |
| Total | 298,000,000 | 65,250,000 | 10,680,000 | 75,930,000 | 25% |
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