Element List	Explanation
Introduction	Atlas Elevators Company for General Trade and Contracting is pleased to announce the signing of a contract for the supply and installation of elevators with Rawaf Bin Salman Al Rawaf Company for the Dar Taiba Project - Medina, with Atlas Company providing installation and supply services for (34) elevators according to the agreed specifications with the best quality.
Date of Announcement of the Award	2025-10-15 Corresponding to 1447-04-23
Contract Subject Matter	Supplying and installing (34) elevators for the Dar Taiba project - Medina, according to the terms and specifications agreed upon with Rawaf Bin Salman Al Rawaf Company, in a manner consistent with the project’s needs according to the agreed upon specifications.
The Entity with Which the Contract was Signed	Rawaf bin Salman Al Rawaf Company
Date of Signing the Contract	2025-10-15 Corresponding to 1447-04-23
Contract Value	2,494,680 Saudi Riyals including VAT.
Contract Details	Atlas Elevators Company for General Trade and Contracting is committed, under this contract, to supply and install (34) elevators of the agreed types at the specified times and places based on the project schedule and in compliance with the specifications of the Saudi Code, provided that Rawaf Bin Salman Al Rawaf Company is committed to paying the payments as agreed upon without delay, as well as removing any obstacles during installation.
Contract Duration	The supply period is (4) months from the date of the contract and the installation period is (3) months from the date of receipt of the elevator shafts.
Financial Impact and the Relevant Period	The financial impact is expected to have a positive impact on the results over the term of the contract.
Related Parties	nothing