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The Saudi Public Transport Company - SAPTCO announces contract sign-off with Qassim Municipality, for the public bus transport project in Buraydah City and Unaizah Governorate

SAPTCO 4040 8.46% 17.44 1.36
Element List Explanation
Introduction The Saudi Public Transport Company - SAPTCO announces contract sign-off with Qassim Municipality, for the public bus transport project in Buraydah City and Unaizah Governorate.
Date of Announcement of the Award 2022-10-24 Corresponding to 1444-03-28
Contract Subject Matter Public bus transport in Buraydah City and Unaizah Governorate.
Date of Signing the Contract 2023-03-21 Corresponding to 1444-08-29
Contract Value 115 Million SAR (Included 15% Vat).
Contract Details Public bus transport in Buraydah City and Unaizah Governorate.
Contract Duration 5 Years.
Financial Impact and the Relevant Period The project will have a positive impact on the company's revenues in the second half of 2023.
Related Parties There are no related parties.
Additional Information We would like to note that the company had announced on October 24, 2022 AD (corresponding to Rabi Ul Awal 28, 1444 AH) that it had received a notification of awarding a project with Qassim Municipality, for the public bus transport in Buraydah City and Unaizah Governorate.

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