Syrian Arab Republic
Planning and Statistics Authority
General Directorate of Finance & Contracts — Contracts & Procurement Directorate
- Certificate no.
- 6
- Date
- 2025-11-10
- Reference
- PAY-2025-003-06
Interim payment certificate no. (6)
For the work of October 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
- Release 1 built · MS-G2 Designs approved
Certificate summary (SYP)
| 1 | Total value of work completed to date | 291,250,000 |
| 2 | Less: previous certificates | (230,000,000) |
| 3 | Value of work in this certificate | 61,250,000 |
| 4 | Less: retention (10%) | (6,125,000) |
| 5 | Less: advance payment recovery (10%) | (6,125,000) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (12,250,000) |
| 8 | Net amount payable to the contractor | SYP49,000,000 |
Amount in words: Forty-nine million Syrian pounds only
Retention held up to this certificate: SYP 29.1M — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Analysis & design | 154,500,000 | 51,750,000 | 12,325,000 | 64,075,000 | 41% |
| Licences & platform | 206,000,000 | 60,450,000 | 15,275,000 | 75,725,000 | 37% |
| Build & configuration | 309,000,000 | 68,525,000 | 18,850,000 | 87,375,000 | 28% |
| Systems integration | 154,500,000 | 27,100,000 | 7,850,000 | 34,950,000 | 23% |
| Testing & acceptance | 103,000,000 | 13,375,000 | 4,100,000 | 17,475,000 | 17% |
| Training & run | 103,000,000 | 8,800,000 | 2,850,000 | 11,650,000 | 11% |
| Total | 1,030,000,000 | 230,000,000 | 61,250,000 | 291,250,000 | 28% |
Amounts in Syrian pounds.
Signatures and approvals
Contractor’s representative
Mona Khaddour
Khaddour2025-11-10
Supervising engineer
Hamza Al-Hussein
Al-Hussein2025-11-12
Project manager
Nour Al-Jabiri
Al-Jabiri2025-11-15
Finance & contracts
Omar Al-Nahhas
Al-Nahhas2025-11-18
Final approver
Dr. Samer Al-Daqqar
Al-Daqqar2025-11-21