Kingdom of Saudi Arabia
Saudi Contractors Authority
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 16
- Date
- 2026-07-18
- Hijri
- 4 Safar 1448 AH
- Reference
- PAY-2024-017-16
Interim payment certificate no. (16)
For the work of June 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 | 118,480,000 |
| 2 | Less: previous certificates | (113,950,000) |
| 3 | Value of work in this certificate | 4,530,000 |
| 4 | Less: retention (10%) | (453,000) |
| 5 | Less: advance payment recovery (10%) | (453,000) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (906,000) |
| 8 | Net before VAT | 3,624,000 |
| 9 | Add: value added tax (15%) | 543,600 |
| 10 | Net amount payable to the contractor | 4,167,600 |
Amount in words: Four million one hundred sixty-seven thousand six hundred Saudi riyals only
Retention held up to this certificate: SAR 11.8M — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Preliminaries & mobilisation | 20,860,000 | 18,498,000 | 636,000 | 19,134,000 | 92% |
| Earthworks & foundations | 53,640,000 | 28,825,000 | 1,032,000 | 29,857,000 | 56% |
| Concrete & structural works | 92,380,000 | 38,847,000 | 1,555,000 | 40,402,000 | 44% |
| Mechanical, electrical & plumbing | 71,520,000 | 19,034,000 | 871,000 | 19,905,000 | 28% |
| Finishes & external works | 44,700,000 | 7,621,000 | 376,000 | 7,997,000 | 18% |
| Testing & commissioning | 14,900,000 | 1,125,000 | 60,000 | 1,185,000 | 8% |
| Total | 298,000,000 | 113,950,000 | 4,530,000 | 118,480,000 | 40% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Eng. Hamad S. Al-Hajri
Al-Hajri2026-07-18
Supervising engineer
Eng. Ibrahim A. Al-Ghamdi
Al-Ghamdi2026-07-20
Project manager
Eng. Ahmed Y. Asiri
Asiri2026-07-23
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2026-07-26
Authority holder
Dr. Abdullah S. Al-Qahtani
Al-Qahtani2026-07-29