Contractors Committee in Riyadh Calls for the Application of " Fidic "

Contactors Committee in Riyadh's Chamber appreciated the approval of the Council of Ministers on the project of public transportation in Mekkah . The project will be offered to executive companies according to Fidic's typical contracts which includes financial rights in a balanced form for contract companies and government institutions . Head of the Committee Fahad Alhamadi stated that Fidic's contracts offer compensation for companies in cases of price height in construction supplies , high income payment . Also , allows to offer discounts for government institutions in case of price drop.