Kingdom of Saudi Arabia
Saudi Contractors Authority
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 2
- Date
- 2024-12-30
- Hijri
- 29 Jumada II 1446 AH
- Reference
- PAY-2024-019-02
Interim payment certificate no. (2)
For the work of December 2024
- Contract number
- SCA/2024/019
- Etimad reference
- 2402340251
- Contract
- Jeddah branch & qualification centre — civil & ground-improvement works
- Contractor
- Coastline Contracting & Development Co.
- Contractor VAT number
- 340303951060003
- Project
- Jeddah Branch & Qualification Centre
- Contract period
- 2024-10-01 — 2027-03-31
- Original contract value
- 228,000,000
- Current contract value
- 237,600,000including variations of SAR 9.6M
- Linked milestone
- Earthworks & foundations complete · MS-G2 Designs approved
Certificate summary (SAR)
| 1 | Total value of work completed to date | 7,140,000 |
| 2 | Less: previous certificates | (2,830,000) |
| 3 | Value of work in this certificate | 4,310,000 |
| 4 | Less: retention (10%) | (431,000) |
| 5 | Less: advance payment recovery (10%) | (431,000) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (862,000) |
| 8 | Net before VAT | 3,448,000 |
| 9 | Add: value added tax (15%) | 517,200 |
| 10 | Net amount payable to the contractor | 3,965,200 |
Amount in words: Three million nine hundred sixty-five thousand two hundred Saudi riyals only
Retention held up to this certificate: SAR 714K — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Preliminaries & mobilisation | 16,632,000 | 462,000 | 691,000 | 1,153,000 | 7% |
| Earthworks & foundations | 42,768,000 | 719,000 | 1,080,000 | 1,799,000 | 4% |
| Concrete & structural works | 73,656,000 | 965,000 | 1,470,000 | 2,435,000 | 3% |
| Mechanical, electrical & plumbing | 57,024,000 | 470,000 | 730,000 | 1,200,000 | 2% |
| Finishes & external works | 35,640,000 | 187,000 | 295,000 | 482,000 | 1% |
| Testing & commissioning | 11,880,000 | 27,000 | 44,000 | 71,000 | 1% |
| Total | 237,600,000 | 2,830,000 | 4,310,000 | 7,140,000 | 3% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Eng. Talal H. Al-Ghamdi
Al-Ghamdi2024-12-30
Supervising engineer
Eng. Ibrahim A. Al-Ghamdi
Al-Ghamdi2025-01-01
Project manager
Eng. Fahad T. Al-Sulami
Al-Sulami2025-01-04
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2025-01-07
Authority holder
Dr. Abdullah S. Al-Qahtani
Al-Qahtani2025-01-10