Government Tenders and Procurement Law

Release Date:	1440-11-13
Release Tool:	Royal Decree
Issuance Instrument Number:	m/128
Validity:	Valid
Summary:	By AI Pursuant to the Royal Order, the Law on Government Competitions and Procurement in Saudi Arabia has been approved, with certain provisions of the previous law remaining in effect until a specific law regarding real estate leasing is issued. The law requires government agencies to carry out works and procurements through framework agreements, with certain exceptions, and feasibility studies and cost analyses must be presented to the competent authority before projects are tendered. Procurement pr...

Release Date:

1440-11-13

Release Tool:

Royal Decree

Issuance Instrument Number:

m/128

Validity:

Valid

Summary:

By AI

Pursuant to the Royal Order, the Law on Government Competitions and Procurement in Saudi Arabia has been approved, with certain provisions of the previous law remaining in effect until a specific law regarding real estate leasing is issued. The law requires government agencies to carry out works and procurements through framework agreements, with certain exceptions, and feasibility studies and cost analyses must be presented to the competent authority before projects are tendered. Procurement pr...