‎Fakeeh Care subsidiary signs SAR 17.2M supervision contract for new hospital in Makkah

‎Fakeeh Care subsidiary signs SAR 17.2M supervision contract for new hospital in Makkah ‎Fakeeh Care subsidiary signs SAR 17.2M supervision contract for new hospital in Makkah

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Logo ofDr. Soliman Abdel Kader Fakeeh Hospital Co. (Fakeeh Care)

Dr. Soliman Abdel Kader Fakeeh Hospital Co.’s (Fakeeh Care) subsidiary, Dr. Soliman Abdulkader Fakeeh Hospital Co. (Fakeeh Care Group), signed a contract with Arabtech Jardaneh Partners Engineering Consultants to oversee and monitor the construction of the new Dr. Soliman Al Fakeeh Masar Hospital in Makkah, at a total value of SAR 17.2 million (excluding VAT).

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For more news and details on the projects

According to a statement to Tadawul, Fakeeh Care Group is to provide comprehensive supervision and consulting services for the construction site of the hospital. This includes monitoring the project timeline, quality control, safety procedures, and cost compliance.

The contract also includes comprehensive supervision of civil, structural, mechanical, electrical, plumbing, and architectural works. It covers the approval of execution drawings and submission documents, the provision of periodic progress reports, oversight of testing and pilot operation, and preparation of final handover documentation, the statement added.

The contract was signed on May 11 and is effective as of the date of signing the contract for 42 months extendable should the main construction contract be extended.

The relevant financial impact is expected to be reflected throughout the execution period of the contract, the statement noted, adding that there are no related parties to the deal.

 

Logo ofDr. Soliman Abdel Kader Fakeeh Hospital Co. (Fakeeh Care)

Dr. Soliman Abdel Kader Fakeeh Hospital Co.’s (Fakeeh Care) subsidiary, Dr. Soliman Abdulkader Fakeeh Hospital Co. (Fakeeh Care Group), signed a contract with Arabtech Jardaneh Partners Engineering Consultants to oversee and monitor the construction of the new Dr. Soliman Al Fakeeh Masar Hospital in Makkah, at a total value of SAR 17.2 million (excluding VAT).

For more news and details on the projects

According to a statement to Tadawul, Fakeeh Care Group is to provide comprehensive supervision and consulting services for the construction site of the hospital. This includes monitoring the project timeline, quality control, safety procedures, and cost compliance.

The contract also includes comprehensive supervision of civil, structural, mechanical, electrical, plumbing, and architectural works. It covers the approval of execution drawings and submission documents, the provision of periodic progress reports, oversight of testing and pilot operation, and preparation of final handover documentation, the statement added.

The contract was signed on May 11 and is effective as of the date of signing the contract for 42 months extendable should the main construction contract be extended.

The relevant financial impact is expected to be reflected throughout the execution period of the contract, the statement noted, adding that there are no related parties to the deal.

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