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العربية
CTR-2025-0093Services & SLAInformation TechnologyHorizon TechVersion v2

Enterprise Connectivity & Networking Services

ActiveLow22
HTFirst partyHorizon Technology Solutions CompanyA group entityCR 7002317845
STSecond partySaudi Telecom Company (stc)CR verified through WathqCR 7000289114 · RiyadhMunira Al-Juhani
Value
2,880,000Before amendments:2,765,000
Term
3 years2025-10-01 – 2028-09-301447-04-09 – 1450-05-11 AH
Owner
Turki Al-SubaieIT Director
Signature & renewal
Advanced via NafathAuto-renews60 days’ notice
  1. Draft2025-08-28
  2. Review2025-09-01
  3. Approval2025-09-01
  4. Signing2025-09-21
  5. Active2025-10-01
  6. Expiring
  7. Renew or end
Notice deadline2028-08-01Today
Effective2025-10-019 Rabiʻ II 1447 AH
End2028-09-3011 Jumada I 1450 AH

Term elapsed 35% · ends in 717 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 made3/12
  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
Turki Al-Subaie

No open tasks

Waqqa AI assistant

Executive summary

Confidence 94%

stc provides private MPLS networking and dedicated internet for 14 group sites for 3 years, for SAR 2,880,000 billed monthly. stc guarantees 99.95% availability with service credits for outages, and the contract renews automatically year by year.

Summarised from 15 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
  • CounterpartySaudi Telecom Company (stc)
  • Total valueSAR 2,880,000 excl. VAT
  • Term3 years: 1 October 2025 to 30 September 2028
  • 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 score22Low
  • 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

    2025-08-285 Rabiʻ I 1447 AH412 days ago

  2. Fully signed

    2025-09-242 Rabiʻ II 1447 AH385 days ago

  3. Effective date

    2025-10-019 Rabiʻ II 1447 AH378 days ago

  4. Next up

    Next payment — Quarterly instalment 4

    2026-10-2918 Jumada I 1448 AHin 15 days

  5. Notice deadline

    2028-08-0110 Rabiʻ I 1450 AHin 657 days

  6. End date

    2028-09-3011 Jumada I 1450 AHin 717 days

  7. Bank guarantee expiry

    2028-12-2913 Shaʻban 1450 AHin 807 days

See in the calendar

Related

SLAAuto-renewal

Visible to the owning department and Legal