Saudi Public Transport Company (SAPTCO) Announces the Signing of a Contract for the School Transport Services Project in Jubail Industrial City with the Royal Commission for Jubail and Yanbu (General Administration of Jubail Project)

Element List Explanation
Introduction Saudi Public Transport Company (SAPTCO) announces the signing of a contract for the School Transport Services Project in Jubail Industrial City with the Royal Commission for Jubail and Yanbu (General Administration of Jubail Project), for a period of 5 years.
Date of Announcement of the Award 2026-07-12 Corresponding to 1448-01-27
Contract Subject Matter School Transport Services Project in Jubail Industrial City.
The Entity with Which the Contract was Signed The Royal Commission for Jubail and Yanbu (General Administration of Jubail Project).
Date of Signing the Contract 2026-08-29 Corresponding to 1448-03-16
Contract Value SAR 470,202,973.65 (inclusive of VAT).
Contract Details Provision of School Transport Services in Jubail Industrial City.
Contract Duration Five Years.
Financial Impact and the Relevant Period The financial impact of the contract is expected to begin reflecting on the Company's financial results during the third quarter of 2026.
Related Parties N/A