Tam Development Co. Announces an update on Tam Development Company announces that it has received a Project award letter with a government agency
| Element List | Explanation |
|---|---|
| Introduction | Reference to the announcement of Tam Development Company dated 18/03/1445 AH corresponding to 03/10/2023 AD regarding the receipt of a letter of approval for a project with the government agency, worth 34,990,000 Saudi riyals, including value-added tax.
Its topic: providing the needed consulting services along with digital solutions to design and manage a project for government agency. The expected date for signing the contract was 01/06/1445, corresponding to 14/12/2023. TAM Company would like to announce that it has commenced its work and tasks on the project according to its schedule after kick-off meeting until receiving the official contract signed by both parties. The signing of the contract will be announced immediately upon its official receipt. |
| Previous Announcement | Tam Development Company announces that it has received a Project award letter with a government agency |
| Date of Previous Announcement on Tadawul's Website | 2023-10-03 Corresponding to 1445-03-18 |
| Percentage of fulfilled achievement | N/A |
| Event's Expected Completion Date | N/A |
| Reasons for Exceeding the Announced End Date | The signing of the contract was delayed because of the client's legal procedures, which required more time than anticipated ffor internal alignments. |
| The costs associated with the event, and if they have changed or not with indication of the reasons. | N/A |
| Impact of the Delay on the Company's Financial Results | N/A |
| Additional Information | N/A |
Comments