Opportunities Terminology

Regional Municipalities, sub-municipalities, and government entities that issue investment opportunities.

Direct contracting with the Issuing Authority of the tender in accordance with applicable regulations and laws.

An investment model in which project revenues are shared between the asset-owning entity and the investor, instead of setting a predetermined fixed lease value.

A procedure that precedes the issuance of the RFP Document, through which investors are evaluated against defined technical and financial criteria to select a number of eligible investors to proceed with the tender.

Leasing of properties by the entity for the purpose of holding temporary activities or events within an approved plan.

Companies granted by the State the right of franchise to produce or distribute a good or service.

The announced price at which the competent committee deems it appropriate to open the Open Public Auction.

Engaging a specialized expertise house to attract investors from inside and outside the Kingdom and motivate them to invest, in exchange for an agreed percentage, in accordance with the Controls.

A percentage of the annual investment return that the Municipality stipulates as an increase to that return every five years. It is specified in the terms and specifications booklet when announcing the competition.

Objectives beyond the project's own goals, extending to supporting local residents through employment, medical care, welfare, education, rehabilitation, and training.