East Pipes Integrated Company for Industry Announces Contract Sign Off with Alrawaf Contracting Company

East Pipes Integrated Company for Industry Announces Contract Sign Off with Alrawaf Contracting Company

Element List

Explanation

Introduction

East Pipes Integrated Company for Industry Announces Contract Sign Off with Alrawaf Contracting Company. With a value exceeding 142 million Saudi Riyals including value added tax.

Date of Announcement of the Award

2024-05-29 Corresponding to 1445-11-21

Contract Subject Matter

Coating and supply of steel pipes

The Entity with Which the Contract was Signed

Alrawaf Contracting Company

Date of Signing the Contract

2024-05-29 Corresponding to 1445-11-21

Contract Value

A value exceeding SAR 142 million inclusive value added tax.

Contract Details

Contract Sign Off for Coating and supply of steel pipes to Alrawaf Contracting Company with value exceeding of 142 million Saudi Riyals inclusive value added tax.

Contract Duration

Nineteen Months

Financial Impact and the Relevant Period

The financial impact of the contract will be reflected in 3rd Quarter of financial year 2024/2025 till 1st Quarter of financial year 2026/2027.

Related Parties

NA

East Pipes Integrated Company for Industry Announces Contract Sign Off with Alrawaf Contracting Company