Scientific & Medical Equipment House Co. announces of winning the bid for the project to provide non-medical operation and maintenance services for King Faisal Specialist Hospital & Research Centre in Medina, at a value of (75,169,776) Saudi Riyals.

Scientific & Medical Equipment House Co. announces that it has received on March 3, 2024, a letter of approving the award of the bid for the project to provide non-medical operation and maintenance services for King Faisal Specialist Hospital & Research Centre in Medina.

Note that the project is among the existing projects of Scientific & Medical Equipment House Co. and the project was re-awarded to the company with a new contract

Date of Award
2024-03-03 Corresponding to 1445-08-22

Counterparty
King Faisal Specialist Hospital & Research Centre in Medina

Project Value
An amount of (75,169,776.00) Only Seventy-five million, one hundred and sixty-nine thousand, seven hundred and seventy-six Saudi Riyals (inclusive VAT).

Project Details
Provide non-medical operation and maintenance services for King Faisal Specialist Hospital & Research Centre in Medina, a total amount (75,169,776.00) Only Seventy-five million, one hundred and sixty-nine thousand, seven hundred and seventy-six Saudi Riyals inclusive VAT and its implementation period is (3) Three years.

Related Parties
No related parties

Additional Information
The financial impact of the project is expected beginning to be reflected during the second quarter of The Fiscal Year 2024.

The company will announce any future developments in this regard in due course after signing the final version of the contract by all concerned parties and receiving a copy of it.

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