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Scientific & Medical Equipment House Co. announces of winning the bid for the project to provide non-medical operation and maintenance services for King Faisal Specialist Hospital & Research Centre in Medina, at a value of (75,169,776) Saudi Riyals.
| Element List | Explanation |
|---|---|
| Introduction | Scientific & Medical Equipment House Co. announces that it has received on March 3, 2024, a letter of approving the award of the bid for the project to provide non-medical operation and maintenance services for King Faisal Specialist Hospital & Research Centre in Medina. Note that the project is among the existing projects of Scientific & Medical Equipment House Co. and the project was re-awarded to the company with a new contract |
| Date of Award | 2024-03-03 Corresponding to 1445-08-22 |
| Counterparty | King Faisal Specialist Hospital & Research Centre in Medina |
| Project Value | An amount of (75,169,776.00) Only Seventy-five million, one hundred and sixty-nine thousand, seven hundred and seventy-six Saudi Riyals (inclusive VAT). |
| Project Details | Provide non-medical operation and maintenance services for King Faisal Specialist Hospital & Research Centre in Medina, a total amount (75,169,776.00) Only Seventy-five million, one hundred and sixty-nine thousand, seven hundred and seventy-six Saudi Riyals inclusive VAT and its implementation period is (3) Three years. |
| Related Parties | No related parties |
| Additional Information | The financial impact of the project is expected beginning to be reflected during the second quarter of The Fiscal Year 2024. The company will announce any future developments in this regard in due course after signing the final version of the contract by all concerned parties and receiving a copy of it. |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.
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