Government Tenders and Procurement Law
Art. 83Status unknownSaudi ArabiaRegulation
Issued by Ministry of Investment (misa.gov.sa)
If no proposal is submitted for an announced auction, another announcement
shall be made. If no proposal is submitted after the second announcement, the
authorized person may offer the sale of such items to relevant dealers. If no fair
price is offered, such movables may be donated to non-governmental
associations and societies, or to any non-profit entity, provided the Ministry is
notified thereof.
The Arabic text is the legally binding version. The English translation is provided for guidance only.
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