Tam Development Co. Announces Contract Sign Off with Government Entity
| Element List | Explanation |
|---|---|
| Introduction | Tam Development company would like to announce that it has signed a contract for a project for government entity, at a value of 200,000,000 SAR including VAT. |
| Date of Announcement of the Award | 2024-01-25 Corresponding to 1445-07-13 |
| Contract Subject Matter | The scope includes providing the needed consulting services along with digital solutions for a government entity |
| The Entity with Which the Contract was Signed | Government Entity |
| Date of Signing the Contract | 2024-03-18 Corresponding to 1445-09-08 |
| Contract Value | 34,990,000 SAR including VAT |
| Contract Details | The scope includes providing the needed consulting services along with digital solutions to design and manage a project for government entity |
| Contract Duration | 200,000,000 SAR including VAT |
| Financial Impact and the Relevant Period | It is expected that the financial impact of this contract will be reflected starting from the third quarter of the fiscal year 2024 |
| Related Parties | N \ A |
| Additional Information | Note:
• The award letter was issued on 23/01/2024 and • The contract signing date was on 18/03/2024, and the signed version from both parties was received on 22/03/2024. |