Syrian Arab Republic
Planning and Statistics Authority
General Directorate of Finance & Contracts — Contracts & Procurement Directorate
- Certificate no.
- 8
- Date
- 2026-02-12
- Reference
- PAY-2025-003-08
Interim payment certificate no. (8)
For the work of January 2026
- 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
- Integration & UAT · MS-G3 Build complete
Certificate summary (SYP)
| 1 | Total value of work completed to date | 432,750,000 |
| 2 | Less: previous certificates | (367,750,000) |
| 3 | Value of work in this certificate | 65,000,000 |
| 4 | Less: retention (10%) | (6,500,000) |
| 5 | Less: advance payment recovery (10%) | (6,500,000) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (13,000,000) |
| 8 | Net amount payable to the contractor | SYP52,000,000 |
Amount in words: Fifty-two million Syrian pounds only
Retention held up to this certificate: SYP 43.3M — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Analysis & design | 154,500,000 | 82,950,000 | 12,250,000 | 95,200,000 | 62% |
| Licences & platform | 206,000,000 | 96,775,000 | 15,750,000 | 112,525,000 | 55% |
| Build & configuration | 309,000,000 | 109,475,000 | 20,350,000 | 129,825,000 | 42% |
| Systems integration | 154,500,000 | 43,200,000 | 8,725,000 | 51,925,000 | 34% |
| Testing & acceptance | 103,000,000 | 21,325,000 | 4,650,000 | 25,975,000 | 25% |
| Training & run | 103,000,000 | 14,025,000 | 3,275,000 | 17,300,000 | 17% |
| Total | 1,030,000,000 | 367,750,000 | 65,000,000 | 432,750,000 | 42% |
Amounts in Syrian pounds.
Signatures and approvals
Contractor’s representative
Mona Khaddour
Khaddour2026-02-12
Supervising engineer
Hamza Al-Hussein
Al-Hussein2026-02-14
Project manager
Nour Al-Jabiri
Al-Jabiri2026-02-17
Finance & contracts
Omar Al-Nahhas
Al-Nahhas2026-02-20
Final approver
Dr. Samer Al-Daqqar
Al-Daqqar2026-02-23