Scientific & Medical Equipment House Co. announces sign off contract for a project of transportation, implementation, and operation of specialized devices and equipment for roads safety in Riyadh region with the Ministry of Transport and Logistics Service

Reference to the announcement of Scientific & Medical Equipment House company on the Tadawul website on 21-04-1445 AH corresponding to 05-11-2023, which includes the company’s receipt of awarding of a project of transportation, implementation, and operation of specialized devices and equipment for roads safety in Riyadh region with the Ministry of Transport and Logistics Services.

Scientific & Medical Equipment House company announces the Signing a contract for project of transportation, implementation, and operation of specialized devices and equipment for roads safety in Riyadh region with the Ministry of Transport and Logistics Services.

Date of Announcement of the Award
2023-11-05 Corresponding to 1445-04-21

Contract Subject Matter
The project of transportation, implementation, and operation of specialized devices and equipment for roads safety in Riyadh region with the Ministry of Transport and Logistics Services.

Date of Signing the Contract
2023-11-13 Corresponding to 1445-04-29

Contract Value
(25,490,003) SAR inclusive VAT.

Contract Details
The project of transportation, implementation, and operation of specialized devices and equipment for roads safety in Riyadh region with the Ministry of Transport and Logistics Services for a total amount of SAR (25,490,003) including VAT., and its implementation period (1) one Year.

Contract Duration
(1) One Year.

Financial Impact and the Relevant Period
It’s expected that the financial impact of the project will be reflected during the First Quarter of the fiscal year 2024 AD.

Related Parties
No Related Parties.

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