| Element List | Explanation |
|---|---|
| Introduction | Tam Development Co. Announces the signing of a framework agreement with the Saudi Council of Engineers to provide operational support and specialized services with an estimated value of SAR 70 million for a period of 3 years. |
| Date of Announcement of the Award | 2026-07-02 Corresponding to 1448-01-17 |
| Contract Subject Matter | Framework agreement to provide operational support and specialized services. |
| The Entity with Which the Contract was Signed | Saudi Council of Engineers |
| Date of Signing the Contract | 2026-07-02 Corresponding to 1448-01-17 |
| Contract Value | The estimated value allocated to the agreement is SAR 70,000,000 (Seventy Million Saudi Riyals only). |
| Contract Details | Providing operational support and specialized services according to the needs of the Saudi Council of Engineers, in accordance with the scope of work specified in the detailed scope of work of the agreement. |
| Contract Duration | 3 years |
| Financial Impact and the Relevant Period | Based on Purchase Orders Issued During the Term of the Agreement. |
| Related Parties | Not applicable. |
| Additional Information | The date stated in the agreement is 29 June 2026, while the officially signed copy was received from the client on 2 July 2026 |
Tam Development Co. Announces the Signing of a Framework Agreement with the Saudi Council of Engineers with an Estimated Value of SAR 70 Million.
AI Summary
- Tam Development Co. signed a three-year framework agreement with the Saudi Council of Engineers for operational support and specialized services.
- The total estimated value of the agreement is SAR 70 million.
- The financial impact is expected to be realized through specific purchase orders issued over the duration of the contract.
- The agreement was officially signed on July 2, 2026, following an initial agreement date of June 29, 2026.
