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: 22-Mar-2023
- Source: Mubasher
- Sector:Transport
- Country:Saudi Arabia
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
|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.|