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