Reference to the announcement of Scientific & Medical Equipment House Company on "Tadawul" website on 20-07-1445AH corresponding to 01-02-2024 AD, which includes the company's receipt of a letter approving the award to compete for the project of maintaining and repairing medical devices and equipment for hospitals and health centers in Riyadh within the Riyadh Second Health Cluster of the Ministry of Health.
Accordingly, Scientific & Medical Equipment House Company announces the signing of a project contract for the maintenance and repair of medical devices and equipment for hospitals and health centers in Riyadh within the Riyadh Second Health Cluster.
Date of Announcement of the Award
2024-02-01 Corresponding to 1445-07-20
Contract Subject Matter
The project of maintaining and repairing medical devices and equipment for hospitals and health centers in Riyadh within the Riyadh Second Health Cluster of the Ministry of Health.
The Entity with Which the Contract was Signed
Riyadh Second Health Cluster
Date of Signing the Contract
2024-07-30 Corresponding to 1446-01-24
Contract Value
Amount of SAR (34,788,089.63) only thirty-four million seven hundred and eighty-eight thousand and eighty-nine Saudi riyals and sixty-three halalas (including VAT).
Contract Details
Maintenance and repair of medical devices and equipment for hospitals and health centers in Riyadh within the Riyadh Second Health Cluster of the Ministry of Health (Al Yamamah Hospital, King Salman Nephrology Center, Specialized Dental Center, Health Centers in the City of Riyadh), for a total amount of SAR (34,788,089.63) only thirty-four million seven hundred and eighty-eight thousand eighty-nine Saudi riyals and sixty-three halalas including VAT, and the period of implementation is (5) five years.
Contract Duration
(5) Five years
Financial Impact and the Relevant Period
The financial impact of the project is expected to start during the fourth quarter of 2024.
The company has previously announced in its announcement on the Saudi Tadawul website on 01-02-2024 AD, which includes receiving the approval of the award and the reflection of the financial impact of the project that it will be in the third quarter of the fiscal year 2024 AD, and due to the delay in the procedures of signing the electronic contract by both parties and issuing copies of contracts electronically on the platform. Therefore, the start of the financial impact was delayed until the fourth quarter of the fiscal year 2024 AD.
Related Parties
None
Additional Information
The necessary signatures were completed and a copy of the electronic contract was received at the end of Thursday on 11-02-1446 AH corresponding to 15-08-2024 AD.
