| Introduction | Tam Development Company would like to announce that it has signed a Contract for the project (Provide consulting services to develop excellence framework to award distinguished in the tourism sector) for Ministry of Tourism |
| Date of Announcement of the Award | 2023-08-19 Corresponding to 1445-02-03 |
| Contract Subject Matter | Provide consulting services to develop excellence framework to award distinguished in the tourism sector |
| Date of Signing the Contract | 2023-08-27 Corresponding to 1445-02-11 |
| Contract Value | 3,273,532.50 SAR including VAT |
| Contract Details | Provide consulting services to develop excellence framework to award distinguished in the tourism sector |
| Contract Duration | 5 Months |
| Financial Impact and the Relevant Period | Financial impact is expected to be on Q4 of 2023, and Q1 of 2024 |
| Related Parties | N/A |
| Additional Information | Initial award was received on 20/1/1445 H (7/8/2023), and TAM was notified with final award from client through email during .weekend day on 3/2/1445 H (19/8/2023). We signed the contract from TAM end on August 24th 2023, and the ministry signed the contract on August 27th 2023 (11 Safar 1445 H) |