Regulations for Government Entities Contracting with Companies Without a Regional Headquarters in the Kingdom and Related Parties

Release Date:	1445-06-13
Issuance Instrument Number:	461
Validity:	Valid
Summary:	By AI The regulations for contracting by government entities in the Kingdom of Saudi Arabia with companies that do not have a regional office have been approved, in accordance with a decision by the Council of Ministers. The regulations include specific definitions and govern how to contract with foreign companies, where contracting is prohibited except in accordance with the stipulated provisions, with exceptions for projects that do not exceed a cost of one million Riyals. A list of companies will b...

Release Date:

1445-06-13

Issuance Instrument Number:

461

Validity:

Valid

Summary:

By AI

The regulations for contracting by government entities in the Kingdom of Saudi Arabia with companies that do not have a regional office have been approved, in accordance with a decision by the Council of Ministers. The regulations include specific definitions and govern how to contract with foreign companies, where contracting is prohibited except in accordance with the stipulated provisions, with exceptions for projects that do not exceed a cost of one million Riyals. A list of companies will b...