Arab Sea Information Systems Company announces the signing off a contract with King Abdulaziz university to provide managed services to operate the university’s self-financed electronic systems
Arab Sea Information Systems
Media Center January 1, 2024
Arab Sea Information Systems Company announces the signing off a contract with King Abdulaziz university to provide managed services to operate the university’s self-financed electronic systems
Element ListExplanation
Date of Announcement of the Award 2023-12-18 Corresponding to 1445-06-05
Contract Subject Matter providing managed services to operate the university’s self-financed electronic systems
The Entity with Which the Contract was Signed King Abdulaziz University
Date of Signing the Contract 2023-12-31 Corresponding to 1445-06-18
Contract Value 14,924,700 Saudi Riyals (including VAT)
Contract Details Providing self-financed managed services to operate electronic systems (administrative, financial, and educational) throughout the contract period, while providing service requirements according to business need. This includes providing technical solutions, whether of a permanent, temporary or variable nature.
Contract Duration 36 months.
Financial Impact and the Relevant Period The financial impact is reflected in the financial statements over the next three years.
Related Parties None.