Dar Al Markabah for Car Rental Company announces the signing of a contract with the Ministry of Energy for the implementation of a vehicle rental and supply project under a leasing system, within the framework agreement established with the governmental entity.
Date of Announcement of the Award
2025-08-19 Corresponding to 1447-02-25
Contract Subject Matter
Provision and execution of vehicle rental services for the Ministry of Energy under a leasing system.
The Entity with Which the Contract was Signed
Ministry of Energy
Date of Signing the Contract
2025-10-30 Corresponding to 1447-05-08
Contract Value
SAR 8,843,436 including Value Added Tax (VAT).
Contract Details
The contract includes the implementation and operation of vehicle rental services for the Ministry of Energy for a period of three (3) Gregorian years starting from the contract signing date, in accordance with the terms and technical specifications specified in the framework agreement.
Contract Duration
Three (3) years starting from the contract signing date.
Financial Impact and the Relevant Period
The financial impact of this contract is expected to appear starting from the fourth quarter of the fiscal year 2025 and will continue throughout the duration of the contract, according to the agreed implementation and service delivery schedule.
Related Parties
N/A
Comments
Sorry!
You need to log in to your account on the website. If you don't have an account, you can register now to take advantage of this feature
Comments