Saudi Parts Center Co. Announces Contract Sign Off with Almarai
| Element List | Explanation |
|---|---|
| Introduction | Saudi Parts Center Company announces the signing of a Consignment Stock Agreement with Almarai for the allocation and reservation of a quantity of truck spare parts, to be withdrawn during the period from February 1, 2025, to January 31, 2026, with a total value of SAR 2,566,720.
This agreement is part of our efforts to strengthen commercial relations between both parties and ensure the availability of products according to the company’s operational needs. It reflects our commitment to providing the best services to our customers and achieving the company’s strategic goals. |
| Date of Announcement of the Award | 2025-02-03 Corresponding to 1446-08-04 |
| Contract Subject Matter | Allocation and reservation of a quantity of truck spare parts |
| The Entity with Which the Contract was Signed | Almarai |
| Date of Signing the Contract | 2025-02-03 Corresponding to 1446-08-04 |
| Contract Value | SAR 2,566,720 With Out VAT. |
| Contract Details | Allocate and reserve a quantity of truck spare parts to be supplied during the next 12 months they are supplied at the time of order and invoiced on a monthly basis. |
| Contract Duration | 12 months |
| Financial Impact and the Relevant Period | The financial impact is expected to be positive over the next 12 months |
| Related Parties | There are no related parties |
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