Kingdom of Saudi Arabia
Saudi Contractors Authority
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 7
- Date
- 2026-10-15
- Hijri
- 4 Jumada I 1448 AH
- Reference
- PAY-2026-022
Interim payment certificate no. (7)
For the work of September 2026
- Contract number
- SCA/2025/025
- Etimad reference
- 2504860719
- Contract
- Arar vocational qualification centre — construction
- Contractor
- Al-Bunyan Al-Rasekh Contracting Co.
- Contractor VAT number
- 310102487310003
- Project
- Arar Vocational Qualification Centre
- Contract period
- 2025-08-03 — 2027-08-31
- Original contract value
- 196,000,000
- Current contract value
- 196,000,000
- Linked milestone
- Structure complete · MS-G3 Build complete
Certificate summary (SAR)
| 1 | Total value of work completed to date | 70,000,000 |
| 2 | Less: previous certificates | (62,700,000) |
| 3 | Value of work in this certificate | 7,300,000 |
| 4 | Less: retention (10%) | (730,000) |
| 5 | Less: advance payment recovery (10%) | (730,000) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (1,460,000) |
| 8 | Net before VAT | 5,840,000 |
| 9 | Add: value added tax (15%) | 876,000 |
| 10 | Net amount payable to the contractor | 6,716,000 |
Amount in words: Six million seven hundred sixteen thousand Saudi riyals only
Retention held up to this certificate: SAR 7M — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Preliminaries & mobilisation | 13,720,000 | 10,259,000 | 1,046,000 | 11,305,000 | 82% |
| Earthworks & foundations | 35,280,000 | 15,954,000 | 1,686,000 | 17,640,000 | 50% |
| Concrete & structural works | 60,760,000 | 21,366,000 | 2,504,000 | 23,870,000 | 39% |
| Mechanical, electrical & plumbing | 47,040,000 | 10,380,000 | 1,380,000 | 11,760,000 | 25% |
| Finishes & external works | 29,400,000 | 4,134,000 | 591,000 | 4,725,000 | 16% |
| Testing & commissioning | 9,800,000 | 607,000 | 93,000 | 700,000 | 7% |
| Total | 196,000,000 | 62,700,000 | 7,300,000 | 70,000,000 | 36% |
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. Ibrahim A. Al-Ghamdi
Finance & contracts
Khalid N. Al-Mutairi
Authority holder
Dr. Abdullah S. Al-Qahtani