Terms, guarantees, milestones, variation orders and payment certificates.
From original to current value
Variations pending: 1 worth SAR 1.9M — if approved the value becomes SAR 52.9M
Total
Increase
Decrease
Original valueVO 1Current value
Where the money is now
66% of the current value paid
66%
Paid
33.7M
of a current value of SAR 51M
Retention held(10% of each certificate)
3.4M
Advance not yet recovered(of an advance of SAR 4.9M)
1.5M
Value remaining
17.3M
AI insight
The contract is heading past its end date
Go-live runs 42 days behind plan. The extension claim was assessed at 28 days and the pending variation (SAR 1.85M) adds 21 days; approving both moves the contract end beyond 31 March 2027.
