TAM receives 2 government purchase orders worth SAR 21.3M

TAM secures two government projects under framework agreement

TAM Development Co. said it received a purchase order for a project valued at SAR 11.99 million under a framework agreement, with a duration of 12 months.

In a statement to Tadawul, the company said the purchase order covers the development and operation of integrated digital solutions and platforms aimed at enhancing the entity’s technical readiness and operational efficiency.

In a separate statement, TAM said it received another purchase order valued at SAR 9.29 million, with a duration of four months, to support and implement a program and initiative for one of the sectors affiliated with the entity.

The company said both purchase orders fall under a framework agreement signed with a government entity, which was announced on Tadawul on March 24, 2024, with a total value of SAR 200 million.