Kingdom of Saudi Arabia
Board of Grievances
General Directorate of Financial Affairs — Contracts & Procurement
- Certificate no.
- 21
- Date
- 2026-02-25
- Hijri
- 8 Ramadan 1447 AH
- Reference
- PAY-2024-011-21
Interim payment certificate no. (21)
For the work of February 2026
- 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 | 369,310,000 |
| 2 | Less: previous certificates | (352,070,000) |
| 3 | Value of work in this certificate | 17,240,000 |
| 4 | Less: retention (10%) | (1,724,000) |
| 5 | Less: advance payment recovery (10%) | (1,724,000) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (3,448,000) |
| 8 | Net before VAT | 13,792,000 |
| 9 | Add: value added tax (15%) | 2,068,800 |
| 10 | Net amount payable to the contractor | 15,860,800 |
Amount in words: Fifteen million eight hundred sixty thousand eight hundred Saudi riyals only
Retention held up to this certificate: SAR 36.9M — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Preliminaries & mobilisation | 74,095,000 | 57,165,000 | 2,479,000 | 59,644,000 | 80% |
| Earthworks & foundations | 190,530,000 | 89,072,000 | 3,994,000 | 93,066,000 | 49% |
| Concrete & structural works | 328,135,000 | 120,022,000 | 5,913,000 | 125,935,000 | 38% |
| Mechanical, electrical & plumbing | 254,040,000 | 58,797,000 | 3,247,000 | 62,044,000 | 24% |
| Finishes & external works | 158,775,000 | 23,539,000 | 1,389,000 | 24,928,000 | 16% |
| Testing & commissioning | 52,925,000 | 3,475,000 | 218,000 | 3,693,000 | 7% |
| Total | 1,058,500,000 | 352,070,000 | 17,240,000 | 369,310,000 | 35% |
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