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Alkhorayef Water and Power Technologies Co. Announces the Awarding of New Operation and Maintenance Contract with Jeddah Municipality

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Element List Explanation
Introduction Alkhorayef Water and Power Technologies Co. Announces the Awarding of Maintenance and Optimization Contract Storm Water Networks and Ground Water Level Reduction Networks of South and East of Jeddah, by Jeddah Municipality.
Date of the Award 2021-07-04 Corresponding to 1442-11-24
Contract Value 131,609,933.00 SR
Contract Details Alkhorayef Water and Power Technologies Co. will perform the works related to the Maintenance and Optimization of the Storm Water Networks and Ground Water Level Reduction Networks of South and East of Jeddah, by Jeddah Municipality.

Contract Duration is 36 months from the date of site handover.

Related Parties No related parties
Additional Information The award was received by the company today, and accordingly disclosed, the financial impact of this project is expected to start in the second half of the financial year 2021.

The contract will be disclosed upon receipt of the signed copy from all concerned parties.

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