Kuwait – Mubasher: Combined Group Contracting Company said that its UAE-based subsidiary topped the lowest bidding price in a tender offered by Abu Dhabi Central Services Company (Musanada), the Department of Municipal Affairs and Transport.
The tender has a value of KWD 3.85 million or AED 46.97 million ($12.67 million), according to a bourse statement issued on Thursday.
The tender’s duration period is 365 days; however, the Kuwaiti company has not yet received an official letter of award.