Saudi Arabia : Legislation heralds greater procurement options for Saudi Arabia

15 Dec 19: The new Government Tenders & Procurement Law (New GTPL) was published in the Official Gazette of Saudi Arabia on 1 August 2019, applicable to Saudi government projects from 1 December 2019. The New GTPL anticipates that a set of implementing regulations shall come into force on the same date as the New GTPL. At the time of writing, these implementing regulations are still to be circulated. The implementing regulations will contain further details which shall guide the practical application of the New GTPL. The New GTPL certainly anticipates a more ..