Kingdom of Saudi Arabia
Saudi Contractors Authority
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 18
- Date
- 2026-10-05
- Hijri
- 24 Rabiʻ II 1448 AH
- Reference
- PAY-2026-013
Interim payment certificate no. (18)
For the work of September 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 | 128,100,000 |
| 2 | Less: previous certificates | (121,600,000) |
| 3 | Value of work in this certificate | 6,500,000 |
| 4 | Less: retention (10%) | (650,000) |
| 5 | Less: advance payment recovery (10%) | (650,000) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (1,300,000) |
| 8 | Net before VAT | 5,200,000 |
| 9 | Add: value added tax (15%) | 780,000 |
| 10 | Net amount payable to the contractor | 5,980,000 |
Amount in words: Five million nine hundred eighty thousand Saudi riyals only
Retention held up to this certificate: SAR 12.8M — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Preliminaries & mobilisation | 20,860,000 | 19,792,000 | 896,000 | 20,688,000 | 99% |
| Earthworks & foundations | 53,640,000 | 30,819,000 | 1,462,000 | 32,281,000 | 60% |
| Concrete & structural works | 92,380,000 | 41,448,000 | 2,234,000 | 43,682,000 | 47% |
| Mechanical, electrical & plumbing | 71,520,000 | 20,253,000 | 1,268,000 | 21,521,000 | 30% |
| Finishes & external works | 44,700,000 | 8,095,000 | 552,000 | 8,647,000 | 19% |
| Testing & commissioning | 14,900,000 | 1,193,000 | 88,000 | 1,281,000 | 9% |
| Total | 298,000,000 | 121,600,000 | 6,500,000 | 128,100,000 | 43% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Eng. Hamad S. Al-Hajri
Al-Hajri2026-10-05
Supervising engineer
Eng. Ibrahim A. Al-Ghamdi
Al-Ghamdi2026-10-07
Project manager
Eng. Ahmed Y. Asiri
Asiri2026-10-10
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2026-10-13
Authority holder
Dr. Abdullah S. Al-Qahtani
Al-Qahtani2026-10-16