Scientific & Medical Equipment House Co. announces the awarding of a project with the Ministry of Human Resources at a value of (126,523,147.50) SR

ELEMENT LISTEXPLANATION
IntroductionScientific & Medical Equipment House Co. announces that it received on 21-11-2022 the approval of awarding of a project for the maintenance, cleaning and personal care of comprehensive rehabilitation centers and social care homes for the third group in Makkah, Taif and Al-Qunfudhah with the Ministry of Human Resources
Date of Award2022-11-21 Corresponding to 1444-04-27
Project ValueAn amount of (126,523,147.50) only one hundred and twenty-six million five hundred twenty-three thousand one hundred and forty-seven Saudi riyals and fifty halalas (inclusive VAT).
Project DetailsMaintenance, cleaning and personal care of comprehensive rehabilitation centers and social care homes for the third group in Makkah, Taif and Al-Qunfudhah with the Ministry of Human Resources with a total amount of (126,523,147.50) only one hundred and twenty-six million five hundred and twenty-three thousand and one hundred and forty-seven Saudi riyals and fifty halalas inclusive VAT and its implementation period (24) Twenty-four months.
Related PartiesNo related parties
Additional InformationIt is expected that the financial impact of the project will be reflected during the second quarter of the fiscal year 2023.

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

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