Alqemam signs 2 contracts worth SAR 4.6 mln with Muhayil Aseer Municipality

23/10/2023 Argaam

القمم توقع عقدين مع بلدية محافظة محايل عسير بقيمة 4.6 مليون ريال

Logo of Alqemam for Computer Systems Co.

Alqemam for Computer Systems Co. signed on Oct. 18 two contracts worth SAR 4.56 million, including value-added tax (VAT), with Muhayil Aseer Governorate Municipality.

 

In two separate statements, the company said that the first contract includes software development for SAR 1.73 million, while the second project is for electronic archiving of paper documents with a total value of SAR 2.83 million.

 

Signed by all concerned parties, the contract final copy and notification letter were received on Oct. 22, the statement added, noting that the projects’ financial impact is expected to reflect on the company’s results as of the second half of 2023.

 

Earlier this month, Alqemam won the two contracts, according to data compiled by Argaam.

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