Kingdom of Saudi Arabia
Saudi Contractors Authority
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 14
- Date
- 2026-04-16
- Hijri
- 28 Shawwal 1447 AH
- Reference
- PAY-2024-017-14
Interim payment certificate no. (14)
For the work of March 2026
- 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 | 107,850,000 |
| 2 | Less: previous certificates | (101,600,000) |
| 3 | Value of work in this certificate | 6,250,000 |
| 4 | Less: retention (10%) | (625,000) |
| 5 | Less: advance payment recovery (10%) | (625,000) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (1,250,000) |
| 8 | Net before VAT | 5,000,000 |
| 9 | Add: value added tax (15%) | 750,000 |
| 10 | Net amount payable to the contractor | 5,750,000 |
Amount in words: Five million seven hundred fifty thousand Saudi riyals only
Retention held up to this certificate: SAR 10.8M — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Preliminaries & mobilisation | 20,860,000 | 16,524,000 | 893,000 | 17,417,000 | 83% |
| Earthworks & foundations | 53,640,000 | 25,737,000 | 1,441,000 | 27,178,000 | 51% |
| Concrete & structural works | 92,380,000 | 34,633,000 | 2,144,000 | 36,777,000 | 40% |
| Mechanical, electrical & plumbing | 71,520,000 | 16,935,000 | 1,184,000 | 18,119,000 | 25% |
| Finishes & external works | 44,700,000 | 6,772,000 | 508,000 | 7,280,000 | 16% |
| Testing & commissioning | 14,900,000 | 999,000 | 80,000 | 1,079,000 | 7% |
| Total | 298,000,000 | 101,600,000 | 6,250,000 | 107,850,000 | 36% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Eng. Hamad S. Al-Hajri
Al-Hajri2026-04-16
Supervising engineer
Eng. Ibrahim A. Al-Ghamdi
Al-Ghamdi2026-04-18
Project manager
Eng. Ahmed Y. Asiri
Asiri2026-04-21
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2026-04-24
Authority holder
Dr. Abdullah S. Al-Qahtani
Al-Qahtani2026-04-27