Vendor Announcement for Terms and Conditions
Vendor Announcement for Terms and Conditions
2018-04-02
Dear developer/vendor,
I hope this email finds you well.
In order to ensure that the Procurement Department - Supplier Relations Department - in the National Housing Company to reach the ultimate goal of building a long-term relationship with our partners in success, the developers/ service providers, through establishing an association of works, we have updated the terms and conditions to register and qualify developers/service providers at the National Housing Company. Please review the below summary:
Qualifications have been added to the list of registration & prequalification form for developers/vendors.
In policies and terms, NHC shall be entitled to suspend all payments if the developer/vendor fails to provide or delay submitting any of the required records or provided certificates contrary to regulations or forged.
In payment and billing instruction, the developer/vendor must renew the statutory certificates and provide the National Housing Company with it once he updates it immediately. If he does not renew or delay in submitting them or provide certificates contrary to the regulations or forged, the company is entitled to stop paying his dues until they are submitted as required.
Note that this update is effective from the date of sending this email. For more information, please check the attached registration and prequalification form. And further clarification, don’t hesitate to contact us through vmp@nhc.sa