TAM inks SAR 6.8M contract for ‘Quality of Life’ Program

Logo of Tam Development Co. (TAM)

Tam Development Co. (TAM) signed, on Jan. 15, a contract for the “Quality of Life” Program at a total value of SAR 6.79 million, including value-added tax (VAT).

 

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In a statement to Tadawul, the company said that the eight-month contract encompasses consulting services and digital solutions to design and implement a “Quality of Life” Program project.

 

The financial impact of the project is expected to start from Q1 2025, the statement added.

 

According to data compiled by Argaam, TAM received in December 2024 an award letter for a project valued at SAR 6.8 million, inclusive of VAT, for the “Quality of Life” Program.

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