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Contractor financial audit — Al-Khobar branch

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Independent financial audit of the Al-Khobar branch contractor’s certificates after its default.

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Confidential

Kingdom of Saudi Arabia

Saudi Contractors Authority

Project Management Office (PMO)

Code
DOC-0214
Version
V1
Date
2026-10-26

Contractor financial audit — Al-Khobar branch

Al-Khobar Branch — Rehabilitation & Extension

⁦1⁩. Executive summary

This report gives the position of Al-Khobar Branch — Rehabilitation & Extension to date: ⁦68%⁩ complete against ⁦92%⁩ planned, SPI ⁦0.74⁩, CPI ⁦0.84⁩, and an estimate at completion of SAR ⁦490.5M⁩.

Project
Al-Khobar Branch — Rehabilitation & Extension (⁦PRJ-2026-004⁩)
Project manager
Eng. Waleed O. Al-Juhani
Budget
SAR ⁦412.0M⁩
Progress
⁦68%⁩ actual against ⁦92%⁩ planned
Forecast finish
⁦2027-02-03⁩

⁦2⁩. Key findings

  • All planned milestones of the period met except one deferred
  • Actual spend rose in line with the work done
  • Three high risks under treatment, each with a named owner

⁦3⁩. Recommendations & decisions needed

  • Approve the proposed treatment of the high risks
  • Track the open findings with the vendor weekly

Prepared by

Khalid N. Al-Mutairi

Project manager

Eng. Waleed O. Al-Juhani
Issued from Munjaz — valid only once approved electronically1 / 1

Confidential

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