‎2P awarded SAR 500 mln service contract by Investment Ministry

‎2P awarded SAR 500 mln service contract by Investment Ministry

Perfect Presentation for Commercial Services Co. (2P) was awarded an open-ended framework agreement to provide administrative, strategic, technical, and legal consulting services by the Ministry of Investment for the information technology consulting track, according to a statement to Tadawul.

The agreement will run for four years, with an annual limit of SAR 500 million, the company said.

2P expects the contract to be signed on Dec. 25, 2023, stating that the related financial impact will be defined upon the contract signing. There are no related parties to the deal.

The project aims to provide the necessary advisory support for strategic requirements and business development, to ensure the achievement of the ministry's targets for the third track, which are:

-Providing consultancy, technical, and support services in the field of collecting published data on information sources websites (structured and unstructured data) and using robotic process automation (RPA) techniques, to prepare economic, investment, and sectoral reports and studies upon request.

-Providing consultancy, programming, technical solutions, and digital transformation services to the Ministry's departments, which include technical systems to track the tasks and responsibilities of initiative owners, cloud computing subscription services, SAP consultancy services, building interactive dashboards, providing software development and support services, and providing guidance, counseling, and training