Preliminary score from screening — confirmed after evaluation
Estimated cost
SAR 6.2M
Net present value
SAR 6.3M
Internal rate of return
36.8%
Payback period
2.6 years
Rank in the 2027 plan
#7
of 9 candidates
Gate into «Submitted»DecisionGoDate4 March 2026DraftComplete
Gate into «Initial review»DecisionGoDate9 June 2026SubmittedComplete
Gate into «Feasibility»DecisionGoDate14 September 2026Initial reviewComplete
Gate into «Evaluation»DecisionNot held yetNext gateFeasibilityCurrent stageCurrent stage
Gate into «Committee review»DecisionNot held yet5EvaluationNot started
Gate into «Approved»DecisionNot held yet6Committee reviewNot started
Gate into «Prioritized»DecisionNot held yet7ApprovedNot started
Gate into «Converted to project»DecisionNot held yet8PrioritizedNot started
9Converted to projectNot started
The request as filed
What the requester wrote on the intake form
Problem
Project owners look for qualified contractors and suppliers through contacts and scattered adverts, and a small contractor has no organised way to show what it can do or reach project opportunities.
Current state
Release 1 of the e-marketplace lists only 4,100 contractors with no ratings or requests for quotation, and 17% of posted requests closed with no offer.
Objective
A second release of the e-marketplace linking project owners with member contractors through requests for quotation and verified ratings from Muqawil, lifting requests with at least one offer to 95%.
Expected scope
The contractor profile from Muqawil, requests for quotation, automatic matching by activity and region, post-delivery ratings, and integration with Muqawil and the SCA ERP for fees.
Expected benefits
Time & speed
About SAR 4.4M a year more in contracts for small contractors
Productivity
Owners’ effort to find contractors down 60%
Compliance
Verified ratings tied to the contractor’s membership and certificates
