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العربية
CTR-2025-0091Services & SLAReal Estate & FacilitiesHorizon HoldingVersion v2

Security Guarding Services — Riyadh Sites

ActiveLow29
Value
1,380,000Before amendments:1,283,000
Term
2 years2025-11-01 – 2027-10-311447-05-10 – 1449-06-01 AH
Owner
Saad Al-MutairiReal Estate & Facilities Manager
Signature & renewal
Advanced via NafathAuto-renews60 days’ notice
  1. Draft2025-09-14
  2. Review2025-09-18
  3. Approval2025-09-19
  4. Signing2025-10-17
  5. Active2025-11-01
  6. Expiring
  7. Renew or end
Notice deadline2027-09-01Today
Effective2025-11-0110 Jumada I 1447 AH
End2027-10-311 Jumada II 1449 AH

Term elapsed 48% · ends in 382 days

Next step

Track delivery and obligations

Upcoming obligations and payments are in the Obligations tab. You will be alerted 90, 60 and 30 days before the notice deadline.

Payments made3/8
  1. Submit the quarterly SLA report2026-11-04
  2. Review and accept the report within 10 days2026-11-14
  3. Monthly service governance meeting2026-10-20
Saad Al-Mutairi

No open tasks

Waqqa AI assistant

Executive summary

Confidence 94%

A renewal of the guarding contract with Amanah Shield for 18 licensed Saudi guards around the clock at the group's Riyadh sites for two years, at SAR 1,380,000 paid monthly, 6% above the previous contract. Each uncovered shift is deducted from the invoice, and the contract renews automatically.

Summarised from 13 pages — check the source before relying on it.

Sources:

Automated suggestion — a human makes the final call

Key terms

Extracted by the AI from the text — each value linked to its clause

7 terms
  • CounterpartyAmanah Shield Security Services Company
  • Total valueSAR 1,380,000 excl. VAT
  • Term2 years: 1 November 2025 to 31 October 2027
  • Payment termsQuarterly instalments, net 30 from invoice, tied to the SLA report
  • Liability capCapped at 12 months of fees
  • Renewal & noticeAuto-renews for a like term unless either party gives 60 days' notice
  • Governing law & disputesSaudi law — Commercial Courts, Riyadh

Risks

Risk score29Low
  • Automatic renewal

    The contract renews unless we give notice 60 days ahead — make sure the owner is alerted.

    Medium
  • Liability cap below our usual position

    Our playbook asks for 24 months of fees; the text says 12.

    Low

Key dates

  1. Draft created

    2025-09-1422 Rabiʻ I 1447 AH395 days ago

  2. Fully signed

    2025-10-2028 Rabiʻ II 1447 AH359 days ago

  3. Effective date

    2025-11-0110 Jumada I 1447 AH347 days ago

  4. Next up

    Next payment — Quarterly instalment 4

    2026-11-2919 Jumada II 1448 AHin 46 days

  5. Notice deadline

    2027-09-0130 Rabiʻ I 1449 AHin 322 days

  6. End date

    2027-10-311 Jumada II 1449 AHin 382 days

See in the calendar

Related

Auto-renewalSaudization

Visible to the owning department and Legal