Syrian Arab Republic
Planning and Statistics Authority
General Directorate of Finance & Contracts — Contracts & Procurement Directorate
- Certificate no.
- 3
- Date
- 2025-06-21
- Reference
- PAY-2025-003-03
Interim payment certificate no. (3)
For the work of June 2025
- Contract number
- PSA/2025/003
- Tender file no.
- 2503320433
- Contract
- Integrated public financial management system — supply & implementation
- Contractor
- Integrated Financial & Administrative Systems Co.
- Contractor tax number
- TX-440781
- Project
- Integrated Public Financial Management System — Phase 1
- Contract period
- 2025-02-02 — 2026-12-31
- Original contract value
- SYP1,030,000,000
- Current contract value
- SYP1,030,000,000
- Linked milestone
- Design approved · MS-G1 Project plan approved
Certificate summary (SYP)
| 1 | Total value of work completed to date | 105,250,000 |
| 2 | Less: previous certificates | (62,500,000) |
| 3 | Value of work in this certificate | 42,750,000 |
| 4 | Less: retention (10%) | (4,275,000) |
| 5 | Less: advance payment recovery (10%) | (4,275,000) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (8,550,000) |
| 8 | Net amount payable to the contractor | SYP34,200,000 |
Amount in words: Thirty-four million two hundred thousand Syrian pounds only
Retention held up to this certificate: SYP 10.5M — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Analysis & design | 154,500,000 | 14,000,000 | 9,150,000 | 23,150,000 | 15% |
| Licences & platform | 206,000,000 | 16,400,000 | 10,975,000 | 27,375,000 | 13% |
| Build & configuration | 309,000,000 | 18,650,000 | 12,925,000 | 31,575,000 | 10% |
| Systems integration | 154,500,000 | 7,375,000 | 5,250,000 | 12,625,000 | 8% |
| Testing & acceptance | 103,000,000 | 3,675,000 | 2,650,000 | 6,325,000 | 6% |
| Training & run | 103,000,000 | 2,400,000 | 1,800,000 | 4,200,000 | 4% |
| Total | 1,030,000,000 | 62,500,000 | 42,750,000 | 105,250,000 | 10% |
Amounts in Syrian pounds.
Signatures and approvals
Contractor’s representative
Mona Khaddour
Khaddour2025-06-21
Supervising engineer
Hamza Al-Hussein
Al-Hussein2025-06-23
Project manager
Nour Al-Jabiri
Al-Jabiri2025-06-26
Finance & contracts
Omar Al-Nahhas
Al-Nahhas2025-06-29
Final approver
Dr. Samer Al-Daqqar
Al-Daqqar2025-07-02