Scientific & Medical Equipment House Co. announces the awarding of a project with the Ministry of Health at a value of (148,984,770.79) SR

ELEMENT LISTEXPLANATION
IntroductionScientific & Medical Equipment House Co. announces that it received on 15-12-2022 the approval of awarding of a project for the maintenance, cleaning and non-medical operation of five hospitals in Medina in the Medina region with the Ministry of Health.
Date of Award2022-12-15 Corresponding to 1444-05-21
Project ValueAn amount of (148,984,770.79) Only one hundred and forty-eight million nine hundred and eighty-four thousand seven hundred and seventy Saudi riyals and seventy-nine halalas (inclusive VAT).
Project DetailsMaintenance, cleaning and non-medical operation of five hospitals in Medina in the Medina region with the Ministry of Health, namely:

-Meeqat Hospital.

-Convalescent Hospital.

-Blood Bank.

-Medical supply and warehouses.

-Al-Haram Hospital.

a Total Amount of (148,984,770.79) Only one hundred and forty-eight million nine hundred and eighty-four thousand seven hundred and seventy Saudi riyals and seventy-nine halalas inclusive VAT and its implementation period (5) Years.

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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