Statute of the Saudi Contractors Authority

Release Date:	1436-11-23
Release Tool:	Council of Ministers Resolution
Issuance Instrument Number:	510
Validity:	Valid
Date of last amendment:	1442-05-28
Summary:	By AI The Saudi Council of Ministers approved the organization of the Saudi Contractors Authority with the aim of addressing delays in government projects. The first board of directors of the authority has been formed, which has a legal personality and independent financial liability, and is based in Riyadh. The authority's powers include reviewing regulations and providing accounts to the ministry, and it aims to develop the contracting sector. The organization includes setting standards, collecting ...

Release Date:

1436-11-23

Release Tool:

Council of Ministers Resolution

Issuance Instrument Number:

510

Validity:

Valid

Date of last amendment:

1442-05-28

Summary:

By AI

The Saudi Council of Ministers approved the organization of the Saudi Contractors Authority with the aim of addressing delays in government projects. The first board of directors of the authority has been formed, which has a legal personality and independent financial liability, and is based in Riyadh. The authority's powers include reviewing regulations and providing accounts to the ministry, and it aims to develop the contracting sector. The organization includes setting standards, collecting ...