I have a small electrical works project worth SAR 60,000.00 . Payment will be made after completion of works after 30 days.

Total contract value is SAR 60,000 and the cost of labor and materials is SAR 45k with a profit
of around SAR 15,000.00. Net profit of SAR 15,000 will be divided into 2. (for the financier and for us).

I would need SAR 15k to buy materials such as switches and wire. Duration of work is 20 days and after completion of works, we will submit the invoice and payment which will be received maximum 10 days upon receipt of the invoice.