FA

Financial Management

Riyadh Smart Villa — budget, commitments and payment certificates.

Approved Budget

SAR 4,250,000

Committed Cost

SAR 3,315,000

Actual Cost

SAR 2,810,000

Paid

SAR 2,304,200

Outstanding

SAR 505,800

Forecast at Completion

SAR 4,377,500

Variance

SAR -127,500

Retention held

SAR 140,500

Cost breakdown

Payment certificates & invoices

  • Al Bunyan Contracting

    PC-006 · due 22 Sep 2026

    SAR 866,000

    Under Review
  • Rawasi Steel

    INV-2291 · due 10 Sep 2026

    SAR 214,250

    Approved
  • Saudi Ready Mix

    INV-2287 · due 01 Sep 2026

    SAR 387,500

    Completed
  • Tamkeen MEP Solutions

    PC-005 · due 28 Aug 2026

    SAR 431,000

    Delayed