Alqanoni

Government Tenders and Procurement Law

Art. 80
Status unknownSaudi ArabiaRegulation

Issued by Ministry of Investment (misa.gov.sa)

A government agency may assign redundant movables to other agencies and their affiliated entities, provided it notifies the Ministry thereof. The agency owning the movables shall inform other agencies through the Portal of the movable items and their quantities and designate a period for expressing interest in them. If no agency expresses interest within the designated period, the movables may be sold by way of public auction if their estimated value amounts to or exceeds 200,000 riyals, after announcement on the Portal and the agency’s website, in accordance with public tender announcement rules.

The Arabic text is the legally binding version. The English translation is provided for guidance only.

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