Aramco aims to award stadium contracts in December

25 November 2014

More time needed to evaluate bids for construction of 11 stadiums

Saudi Aramco is now planning to award contracts in December for the construction of 11 stadiums across Saudi Arabia. A decision was due on 10 November and was then postponed to 20 November.

It is understood the scale and complexity of the project means Aramco needs more time to evaluate the offers.

Nine companies were invited to bid. They are:

The stadiums, which will be located in Medina, Al-Qassim, the Eastern Province, Asir, Tabuk, Hail, the Northern Borders, Jizan, Najran, Baha and Al-Jouf, are projected to cost $400m each. This brings the overall project budget to about $4.4bn.

Aramco issued a select list for each stadium, with a maximum of two contracts awarded to each consortium.

The stadiums are to be built simultaneously and are scheduled for completion in June 2016.

Aramco is also evaluating bids for the project management consultancy contract. It is expected to select four companies to project manage two or three stadiums each.

The bidders for this deal are understood to be:

Aramco is building the 45,000-seat stadiums as part of a King Abdullah Programme to improve sports facilities in the kingdom.

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