The Ministry of Municipal Affairs, Rural Development and Housing revealed the details of the new contractor classification system after it was approved by the “Council of Ministers,” which aims to enhance competitiveness in project implementation.
For his part, Majed Alhakil, Minister of Municipal Affairs, Rural Affairs and Housing, commented on the approval of the system by the Council of Ministers, saying: “I extend my sincere thanks to His Majesty the King and His Royal Highness the Crown Prince on the occasion of the Council of Ministers’ approval of the contractor classification system, which is based on a balanced assessment that combines quantitative and qualitative criteria, in order to enhance competition among contractors and provide new contractors with outstanding qualified personnel with greater opportunities.”
The ministry clarified that the new contractor classification system is based on technical evaluation, which includes: “the technical specialties of the employees of the facility according to the sector, the years of experience of the personnel of the facility.”
Al-Shouba’a added that the technical assessment includes: “the level of wages for employees, the percentage of local employees, and the percentage of Saudi women working at the facility.”
She noted that the credit assessment is based on “the administrative government, risk management, the organization’s revenue sources, the organization’s fixed and variable assets, and the publication of periodic performance reports.”
The ministry stated that the new classification system targets seven sectors: “Construction and construction, operation and maintenance and services, communications and information technology, real estate development, exhibitions and conferences, engineering consulting facilities, and nutrition and catering.”
