Mubasher: Combined Group Contracting announced that its subsidiary in the UAE, Combined Group Contracting Emirates, was ranked the first by offering the lowest bids in a UAE tender by Abu Dhabi General Services Company (Musanada).
Musanada’s tender is valued at UAE 260.799 million or KWD 21.630 million, according to a disclosure to Boursa Kuwait on Monday.
Combined Group concluded that this tender carries a maturity period of 730 days to execute a project on developing the rainwater drainage network in Al Reef residential area in Abu Dhabi.
It further added that Combined Group Contracting Emirates has not yet received an official letter of award in regards to this tender.
