Equipment House wins SAR 11.9M project by GSAC
- Source
- Argaam - Company Disclosures
- Source link
- https://www.argaam.com/en/article/articledetail/id/1927328
- Published
- 2026-08-09 11:56:00
- Discovered by ProcIntel
- 2026-08-09 13:52:33
- Category
- Supplier Risk
- Geography
- Saudi Arabia, UAE
- Organisations
- —
- Review status
- Pending
- Record type
- REAL
Summary
<p><img src="https://argaamplus.s3.amazonaws.com/660d0681-157a-4539-b8d4-f0227f31876f.png" ></p> <p class="ckeCaption" >Logo of<span >Scientific and Medical Equipment House Co. (Equipment House)</span></p> <hr> <p >Scientific and Medical Equipment House Co. (<a href="https://www.argaam.com/en/tadawul/tasi/equipment-house" target="_blank">Equipment House</a>) received, on Aug. 6, a notice awarding a medical operations and equipment maintenance project affiliated with the General Security Aviation Command (GSAC) in Riyadh.</p> <p ></p> <p >The three-year contract is valued at SAR 11.92 million, inclusive of VAT, according to a <strong>Tadawul</strong> statement.</p> <p></p> <p >The financial impact of the contract is expected to be reflected in the company's results starting from Q4 2026.</p> <p ></p> <p >Any material developments will be disclosed in due course following the signing and receipt of the final contract, the statement added.</p>
Procurement Relevance Gate
- geographic_exposure (weight 8) — matched on "2 linked geographies"
Initial Signal 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.
Not Assessed — this Signal did not pass the Procurement Relevance Gate, or is fictional/excluded test data.