Its offer is some 5 per cent lower than the next price of KD 23.9 million ($79 million) offered by Real Estate Construction & Fabrication (Recafco), also local. Nine companies submitted bids by the 17 June deadline.
The contract calls for the construction of a 10-storey building, with a total built-up area of about 29,000 square metres, over 24 months.
The consultant is a team of the UK's John Bonnington Partnershipwith the local The Associated Engineering Partnership (TAEP). SAB is currently operating out of a rented building (MEED 12:1:01).
You might also like...
European finance in place for Tunisia Bizerte bridge
29 March 2024
HZI takes on Dhafra waste energy EPC contract
29 March 2024
Policy designates Masdar, Adnoc as hydrogen coinvestors
29 March 2024
Waste energy projects find relevance
29 March 2024
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.