Tam Development Co. Announces Contract Award with Ministry of Tourism

Element ListExplanation
IntroductionTam Development Company would like to announce that it has received the letter of award from the Ministry of Tourism, at a value of 3,273,532.50 SAR including VAT.
Date of the Award2023-08-19 Corresponding to 1445-02-03
Contract Value3,273,532.50 SAR including VAT
Expected Date for Signing the Contract2023-10-01 Corresponding to 1445-03-16
Contract DetailsProvide consulting services to develop tourism sector
Related PartiesN/A
Additional InformationFinancial impact is expected to be on Q4 of 2023, and Q1 of 2024.

Initial award was received on 20/1/1445 H (7/8/2023), and TAM was notified with final award from client through email during a weekend day on 3/2/1445 H (19/8/2023)