Kingdom of Saudi Arabia
Board of Grievances
General Directorate of Financial Affairs — Contracts & Procurement
- Certificate no.
- 10
- Date
- 2025-03-04
- Hijri
- 4 Ramadan 1446 AH
- Reference
- PAY-2024-011-10
Interim payment certificate no. (10)
For the work of February 2025
- Contract number
- BOG/2024/011
- Etimad reference
- 2401780147
- Contract
- Board of Grievances headquarters, Riyadh — construction
- Contractor
- Al-Bunyan Al-Rasekh Contracting Co.
- Contractor VAT number
- 310102487310003
- Project
- Board of Grievances Headquarters, Riyadh
- Contract period
- 2024-04-01 — 2027-06-30
- Original contract value
- 1,020,000,000
- Current contract value
- 1,058,500,000including variations of SAR 38.5M
Certificate summary (SAR)
| 1 | Total value of work completed to date | 146,500,000 |
| 2 | Less: previous certificates | (123,620,000) |
| 3 | Value of work in this certificate | 22,880,000 |
| 4 | Less: retention (10%) | (2,288,000) |
| 5 | Less: advance payment recovery (10%) | (2,288,000) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (4,576,000) |
| 8 | Net before VAT | 18,304,000 |
| 9 | Add: value added tax (15%) | 2,745,600 |
| 10 | Net amount payable to the contractor | 21,049,600 |
Amount in words: Twenty-one million forty-nine thousand six hundred Saudi riyals only
Retention held up to this certificate: SAR 14.7M — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Preliminaries & mobilisation | 74,095,000 | 20,098,000 | 3,561,000 | 23,659,000 | 32% |
| Earthworks & foundations | 190,530,000 | 31,307,000 | 5,611,000 | 36,918,000 | 19% |
| Concrete & structural works | 328,135,000 | 42,140,000 | 7,817,000 | 49,957,000 | 15% |
| Mechanical, electrical & plumbing | 254,040,000 | 20,613,000 | 3,999,000 | 24,612,000 | 10% |
| Finishes & external works | 158,775,000 | 8,245,000 | 1,644,000 | 9,889,000 | 6% |
| Testing & commissioning | 52,925,000 | 1,217,000 | 248,000 | 1,465,000 | 3% |
| Total | 1,058,500,000 | 123,620,000 | 22,880,000 | 146,500,000 | 14% |
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. Ahmed Y. Asiri
Finance & contracts
Khalid N. Al-Mutairi
Authority holder
Dr. Abdullah S. Al-Qahtani