Syrian Arab Republic
Planning and Statistics Authority
General Directorate of Finance & Contracts — Contracts & Procurement Directorate
- Certificate no.
- 12
- Date
- 2026-08-20
- Reference
- PAY-2025-003-12
Interim payment certificate no. (12)
For the work of July 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 | 635,500,000 |
| 2 | Less: previous certificates | (598,750,000) |
| 3 | Value of work in this certificate | 36,750,000 |
| 4 | Less: retention (10%) | (3,675,000) |
| 5 | Less: advance payment recovery (10%) | (3,675,000) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (7,350,000) |
| 8 | Net amount payable to the contractor | SYP29,400,000 |
Amount in words: Twenty-nine million four hundred thousand Syrian pounds only
Retention held up to this certificate: SYP 63.6M — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Analysis & design | 154,500,000 | 133,850,000 | 5,975,000 | 139,825,000 | 91% |
| Licences & platform | 206,000,000 | 156,850,000 | 8,375,000 | 165,225,000 | 80% |
| Build & configuration | 309,000,000 | 178,750,000 | 11,900,000 | 190,650,000 | 62% |
| Systems integration | 154,500,000 | 70,900,000 | 5,350,000 | 76,250,000 | 49% |
| Testing & acceptance | 103,000,000 | 35,150,000 | 2,975,000 | 38,125,000 | 37% |
| Training & run | 103,000,000 | 23,250,000 | 2,175,000 | 25,425,000 | 25% |
| Total | 1,030,000,000 | 598,750,000 | 36,750,000 | 635,500,000 | 62% |
Amounts in Syrian pounds.
Signatures and approvals
Contractor’s representative
Mona Khaddour
Khaddour2026-08-20
Supervising engineer
Hamza Al-Hussein
Al-Hussein2026-08-22
Project manager
Nour Al-Jabiri
Al-Jabiri2026-08-25
Finance & contracts
Omar Al-Nahhas
Al-Nahhas2026-08-28
Final approver
Dr. Samer Al-Daqqar
Al-Daqqar2026-08-31