Saudi government blacklists contractors after forgeries
Decision sees firms banned from bidding on government contracts
The Saudi government has banned a number of contractors after they were found to have committed forgery to win government contracts.
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Saudi Arabia has blacklisted a number of contractors after discovering that they had forged documents to win government contracts, government sources have said.
According to a report by the Arabic language daily, Aleqtisadiah, the decision to blacklist the firms will see them banned from bidding for any government contracts independently, within consortiums or as subcontractors, and from receiving project notifications from any government establishment.
“Government departments took this decision against some contracting firms after auditing bodies discovered that they have forged certain documents to obtain bank guarantees from local and foreign banks for the government contract,” government sources, who did not wish to be identified, told the paper.
“The decision also authorised the concerned establishments to seize the project and re-tender the contract in case the contractor is found to have resorted to forgery.”
The paper said the government decided to take action as “one of the solutions” to tackle persistent delays and stalling in projects in the largest Arab economy.