Alkhorayef Water and Power Technologies Co. Announces Sign off contract for Operating and maintaining water and sewage networks in Taif with National Water Company

Alkhorayef Water and Power Technologies Co. Announces Sign off contract for Operating and maintaining water and sewage networks in Taif with National Water Company

21 February 2024 03:50 PM

Element List

Explanation

Introduction

In reference to the company announcement of awarding the contract on 23/01/2024 corresponding to 11/07/1445H, Alkhorayef Water and Power Technologies Co. announces the signing off contract for Operating and maintaining water and sewage networks in Taif for 36 months.

Date of Announcement of the Award

2024-01-23 Corresponding to 1445-07-11

Contract Subject Matter

Perform the operation and maintenance works for the water and sewage water networks in Taif for 36 months.

The Entity with Which the Contract was Signed

National Water Company

Date of Signing the Contract

2024-02-21 Corresponding to 1445-08-11

Contract Value

70,537,875.00 Saudi Riyal excluding VAT

Contract Details

Alkhorayef Water and Power Technologies Co. will perform the operation and maintenance works for the water and sewage water networks in Taif

Contract Duration

36 months.

Financial Impact and the Relevant Period

The financial impact started in the first Quarter of 2024.

Related Parties

N/A

Additional Information

Alkhorayef Water and Power Technologies Co. received the agreement today, Wednesday, 21/02/2024, corresponding to 11/08/1445H. after it was signed by all parties,