TAM receives SAR 25M purchase order from government entity

Logo of TAM Development Co. 

TAM Development Co. received a purchase order for a project worth SAR 24.99 million, within the framework agreement concluded with a government agency on Feb. 11, according to a Tadawul statement.

The order is valid for 12 months, the company said, adding that there are no related parties to the deal.

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In March 2024, TAM signed a three-year framework agreement worth SAR 200 million (VAT inclusive) with a government entity, to provide the needed consulting services along with digital solutions to design and manage a project, according to data available with Argaam.