Introduction
Tender and Procurement is a process often utilised by
governments, which allows them to place specific jobs up for bid to
the private sector. Work on such a scale is regularly competed for
by many entities due to the relatively secure nature. However, this
also means that the stakes are quite significant for the companies
and entities bidding.
Saudi Arabia had a regulatory structure in place concerning
Tender and Procurement, and the law which has covered the matter
first arose in 2006. Saudi is one of the most significant and vital
economies in the world, though it has also seen profound changes to
its legal structures to ensure it is on the level of the other
world leaders.
