Scientific & Medical Equipment House Co. announces that it received on 13-08-2024 the approval to award for the tender for the project of operation, maintenance and cleanness of equipment, devices and software for intelligent transportation in all regions of the Kingdom of Saudi Arabia with Ministry of Transport and Logistics Services.
Date of Award
2024-08-13 Corresponding to 1446-02-09
Counterparty
Ministry of Transport and Logistics Services
Project Value
An amount of (73,795,943.90) Only seventy-three million, seven hundred and ninety-five thousand, nine hundred and forty-three Saudi riyals and ninety halalas (inclusive VAT).
Expected Date for Signing the Contract
2024-09-03 Corresponding to 1446-02-30
Project Details
Operation, maintenance and cleanliness of equipment, devices and software for intelligent transport and securing spare parts and installation for damaged electronic devices from electronic screens, surveillance cameras, communication devices, networks, operational programs and tracking programs for the contents of intelligent transport devices, equipment and their accessories in all regions of the Kingdom of Saudi Arabia with Ministry of Transport and Logistics Services a total amount of (73,795,943.90) Only seventy-three million, seven hundred and ninety-five thousand, nine hundred and forty-three Saudi riyals and ninety halalas inclusive VAT and its implementation period (3) Three Years.
Related Parties
No related parties
Additional Information
It is expected that the financial impact of the project will commence during the Fourth quarter of 2024.
The company will announce any future developments in this regard in due course, after the final version of the contract has been signed by all relevant parties and a copy has been received.
