Government Tenders and Procurement Law
Art. 73Status unknownSaudi ArabiaRegulation
Issued by Ministry of Investment (misa.gov.sa)
A contractor who fails to fulfill the contractual obligations in continuing service
contracts shall be subject to a fine not exceeding 20% of the value of the
contract, in addition to deducting the value of non-executed works. Said
percentage may be increased upon the Minister’s prior approval, provided that
bidders are notified of such increase prior to submitting their proposals.
The Arabic text is the legally binding version. The English translation is provided for guidance only.
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