Summary
Highlights
Etimad is an electronic platform affiliated with the Ministry of Finance, aiming to digitize government budgets, contracts, and tenders. It serves government agencies and suppliers, acting as the primary platform for competitions in Saudi Arabia. The platform handles the entire process, from tender submission to contract signing and payment claims, eliminating paper-based procedures.
The annual subscription fee for the Etimad platform is 1500 Saudi Riyals, including tax. This fee is renewed annually, and accounts are suspended if the subscription is not paid on time.
The Etimad platform features several types of competitions, with the most common being general competitions, limited competitions, direct invitations, and direct purchases. General competitions are open to all suppliers, limited competitions are for selected suppliers, direct invitations are sent directly to specific suppliers, and direct purchases are for smaller, urgent projects within a limited budget (e.g., up to 300,000 SAR).
The video demonstrates the step-by-step process of registering on the Etimad platform. This includes logging in, selecting the commercial registration, completing business activity details (e.g., contracting), uploading required documents such as commercial registration, classification certificate, Zakat and income certificate, tax certificate, chamber of commerce certificate, nationalization certificate, and municipality license. It also covers entering contact information, including phone numbers and email addresses, and ensuring all data is correctly filled.
The registration process also requires entering additional data such as the unified number for the establishment (700 number), the unified number for the labor office, and the social insurance subscription number. The video emphasizes checking and verifying all entered information to ensure a successful registration.