Signal · Supplier & Corporate Risk
2P awarded SAR 73.7M project with Jeddah Municipality
What the source reported
Source-reported<p><img src="https://argaamplus.s3.amazonaws.com/81174388-551b-46e8-b237-eb20a1986fde.png" ></p> <p class="ckeCaption" >Logo of<span >Perfect Presentation for Commercial Services Co. (2P)</span></p> <hr> <p >Perfect Presentation for Commercial Services Co. (<a href="https://www.argaam.com/en/tadawul/tasi/2p" target="_blank">2P</a>) was awarded a tender for the operation and maintenance of cybersecurity devices and systems for Jeddah Municipality, at a total value of SAR 73.7 million, inclusive of VAT.</p> <p ></p> <p >In a statement to <strong>Tadawul</strong>, the company explained that the scope of work of this project includes operation and maintenance of the entire cybersecurity infrastructure, covering more than 25 cybersecurity systems and solutions. This is in addition to technical support, license renewal, and lifecycle management for all cybersecurity solutions in accordance with Service Level Agreements (SLAs).</p> <p ></p> <p >The project also includes cybersecurity governance, risk management, compliance, and security policy enhancement; continuous improvement, system upgrades, and cybersecurity awareness services to strengthen the organization's cybersecurity maturity.</p> <p ></p> <p >The related financial impact is expected to be positive for the years 2026, 2027, 2028, and 2029, it added, noting that there are no related parties involved.</p>
- Publication
- Argaam - Company Disclosures · Stock Exchange/Regulatory Announcements
- Published
- 27th August 2026
- Original report
- argaam.com
ProcIntel stores what the source published in its feed — a headline, a summary and a link. It does not store or reproduce the full article.
What ProcIntel recorded
ProcIntel-derived- Category
- Supplier & Corporate Risk
- Geography
- Saudi Arabia, UAE
- Organisations
- None identified
- Collected
- 27th August 2026 · 16:58
Initial assessment ProcIntel's automatic, provisional read of this individual Signal -- Initial Significance and Initial Confidence, computed deterministically before any Event extraction or human review.
A provisional, automatically computed reading of this individual Signal, before Event extraction or human review. Not a final rating.
Initial Significance Moderate (31.0/100). Strongest contributor: Procurement Impact (21.0/30 points). Limiting factor: Geographic Breadth (0.0/10 points). Initial Confidence Very Low (18.5/100, data sufficiency: Partial). Strongest contributor: Source Authority (12.0/40 points). Limiting factor: Corroboration (2.5/25 points).
- Strongest contributor
- Procurement Impact
- Limiting factor
- Geographic Breadth