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Announcement of Altharwah Albashariyyah Co. (Tharwah) Regarding the Signing of a Framework Agreement with a Government Entity
9606
THARWAH
8.50
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1447/07/18 07/01/2026 15:54:57
| Element List | Explanation |
|---|---|
| Introduction | Altharwah Albashariyyah Co. (Tharwah) announces the signing of a framework agreement with a government entity to provide human resources consulting services for transformation and organizational development to the government entity and beneficiary entities, with a total value of SAR 24,000,000 (Twenty-Four Million Saudi Riyals Only), inclusive of Value Added Tax (VAT). |
| Date of Announcement of the Award | 2025-12-28 Corresponding to 1447-07-08 |
| Contract Subject Matter | A framework agreement to provide human resources consulting services for transformation and organizational development to the government entity and beneficiary entities. |
| The Entity with Which the Contract was Signed | Government Entity |
| Date of Signing the Contract | 2026-01-07 Corresponding to 1447-07-18 |
| Contract Value | The framework agreement ceiling is SAR 24,000,000 |
| Contract Details | Providing human resources consulting services for transformation and organizational development to the government entity and beneficiary entities. |
| Contract Duration | 3 Years |
| Financial Impact and the Relevant Period | The financial impact is expected to be reflected starting from the first quarter of 2026 |
| Related Parties | No related parties |
| Additional Information | This framework agreement is not fully binding and is subject to actual demand and the services effectively delivered. Project execution will commence upon the issuance of purchase orders. |
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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