| Element List | Explanation |
|---|---|
| Introduction | In reference to the company announcement regarding the awarding of the contract dated 05/04/2026 corresponding to17/10/1447H, Alkhorayef Water and Power Technologies Co. Announces the signing of Contract for Operation and Maintenance of TSE Network and Facilities – Group 1 in Riyadh City |
| Date of Announcement of the Award | 2026-04-05 Corresponding to 1447-10-17 |
| Contract Subject Matter | Alkhorayef Water and Power Technologies Co. will Operate & maintenance of TSE Networks & Facilities – Group 1 in Riyadh City within 30 Calendar Months. |
| The Entity with Which the Contract was Signed | Royal Commission for Riyadh City |
| Date of Signing the Contract | 2026-07-19 Corresponding to 1448-02-05 |
| Contract Value | 69,585,566.00 Saudi Riyal excluding VAT |
| Contract Details | Alkhorayef Water and Power Technologies Co. will Operate & maintenance of TSE Networks & Facilities – Group 1 in Riyadh City within 30 Calendar Months. |
| Contract Duration | 30 Calendar Months. |
| Financial Impact and the Relevant Period | The financial impact began in the second Quarter of 2026 |
| Related Parties | N/A |
| Additional Information | Alkhorayef Water and Power Technologies Co. Co. received the agreement today, Sunday, 19/07/2026, corresponding to 05/02/1448H, after it was signed by all parties, so accordingly disclosed. |
Alkhorayef Water and Power Technologies Co. Announces the signing of a Contract for “Operation and Maintenance of TSE Network and Facilities – Group 1 in Riyadh City”
AI Summary
- Alkhorayef Water and Power Technologies Co. signed a SAR 69,585,566 contract with the Royal Commission for Riyadh City for the operation and maintenance of TSE networks and facilities (Group 1).
- The contract duration is 30 calendar months, with the financial impact beginning in the second quarter of 2026.
- The agreement was officially finalized on July 19, 2026, following the initial award announcement on April 5, 2026.
