News
The Saudi Public Transport Company (SAPTCO) announces contract sign-off with Tabuk Municipality, for the public bus transport project in Tabuk City
The Saudi Public Transport Company (SAPTCO) announces contract sign-off with Tabuk Municipality, for the public bus transport project in Tabuk City.
| Element List | Explanation |
|---|---|
| Introduction | The Saudi Public Transport Company - SAPTCO announces contract sign-off with Tabuk Municipality, for the public bus transport project in Tabuk City |
| Date of Announcement of the Award | 2023-12-06 Corresponding to 1445-05-22 |
| Contract Subject Matter | Operating Public bus transport network in Tabuk City. |
| The Entity with Which the Contract was Signed | Tabuk Municipality |
| Date of Signing the Contract | 2024-08-25 Corresponding to 1446-02-21 |
| Contract Value | 83,999,999 SAR (Included 15% Vat) |
| Contract Details | Operating the public transport network (First Phase) in Tabuk City |
| Contract Duration | 5 Years. |
| Financial Impact and the Relevant Period | This contract is expected to have a positive financial impact on the financial statements during the second quarter of 2025. |
| Related Parties | No Related Parties |