Equipment House signs SAR 118 mln contract for operation, maintenance at Najran University

14/09/2022 Argaam

Logo of Scientific & Medical Equipment House Co.

Scientific & Medical Equipment House Co. (Equipment House) signed a SAR 118 million contract with the Ministry of Education for operation, maintenance and cleaning of the educational health services center at Najran University, it said in a bourse filing today, Sept. 14.  

 

Contract Details

Contract Scope

Operation, maintenance and cleaning of the educational health services center at Najran University

Parties

Ministry of Education and Equipment House

Contract Value

SAR 118 mln inclusive of value-added tax (VAT)

Contract Term

3 years

Award Date

Aug. 29, 2022

Signing Date

Sept. 13, 2022

 

The company expected a positive financial impact on its revenue during the fourth quarter of 2022.

 

In August, the company announced winning the SAR 118 million contract from the Ministry of Education, Argaam earlier reported.

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