AL TAIF- AL BAHA WATER TRANSMISSION SYSTEM

Subcontractor Interim Payment Certificate NO.

Sub Contractor Name S/C Certificate No.

Sub Contract No. IPC For The Month Of

Sub Contract Works Subcontractor Invoice Ref.

Project Name Date of S/C Invoice

Original S/C Price SAR 110,000.00 Currency SR

Agreed Variation SAR - Cost Code

Revised S/C Price SAR 110,000.00 Subcontractor File No.

A. Work Done Calculations

A1. Gross Value of Work Done up to this IPC

A1.1 Measured Work

A1.2 Variation Orders

A1.3 On Hold Due To Defects
A1.4 Pay On Account
A 2. Gross Value of Work Done & Variation Orders (A2=A1.1+A1.2+A1.3+A1.4)
A 3. Gross Value of Material On Site
A 4. Gross Value of Work Done Including Material On Site ( A4=A2+A3)
B. Retention
B1. Retention (10 % of Item A4)
C.Advance Payment
C1. Total Amount of Advance Payment Paid
C2. Recovery Of Advance Payment (20% monthly workdone)
C3. Balance Amount of Advance Payment to be Recovered ( C3=C1-C2)
D.Total Amount Certified
D1. Total Amount Certified Up to This IPC (D1=A4-B1+C3)
E. Deductions
E1.Total Previous Amount Certified

E2. Any Other Deductions

E3.Total Deduction upto this IPC( E3=E1+E2)

F. Net Amount Due for Payment In this IPC(F=D1-E3)
G.This IPC Calculations
Total Value of Work Done up to this IPC 66,000.00
Total Value of Work Done up to the Previou 0.00
Net Value of Work Done in this IPC 66,000.00
Less: Retention 11,000.00
Less: Advance payment 33,000.00
Less: 0.00
Net Amount Due in this IPC 22,000.00
H. Payment Terms
Date of Receipt of Invoice:
Date of Approval of Invoice:
Payment Terms as per Contract
Payment Due date:-

1 Project Engineer 2 Project Manager 3 Project Director

Tanveer Ahmad Tariq Naeem Saleh

Project Control
4 Commercial Coordinator 5 Manager 6 Contracts & Commercial M

Nizar Al Ghanmi Yasir Riaz

ATER TRANSMISSION SYSTEM
erim Payment Certificate NO.

SAR

66,000.00

0.00
0.00
0.00
66,000.00
0.00
66,000.00

11,000.00

33,000.00
33,000.00
0.00

55,000.00

33,000.00

0.00

33,000.00
22,000.00
 Project Director

Tariq Naeem Saleh

Contracts & Commercial Manager

2600 10.00 26,000.00 24,574.67 12,287.33
5 2,200.00 11,000.00 10,396.98 5,198.49
3 2,200.00 6,600.00 6,238.19 3,119.09
12 240.00 2,880.00 2,722.12 1,361.06
50 110.00 5,500.00 5,198.49 2,599.24
11 2,400.00 26,400.00 24,952.74 12,476.37
1 35,000.00 35,000.00 33,081.29 16,540.64
1 3,000.00 3,000.00 2,835.54 1,417.77
116,380.00 110,000.00 55,000.00