Facilities and incentives for contractors with government agencies from "Ajman Finance"
Today, Wednesday, the Ajman Department of Finance announced the launch of facilities and incentives for contractors with government agencies to which the financial law of the Ajman government…
Today, Wednesday, the Ajman Department of Finance announced the launch of facilities and incentives for contractors with government agencies to which the financial law of the Ajman government applies, as part of the economic incentives that have been put forward, until the end of this year.
Ajman Financial Facilities
The department’s facilities included exempting applicants for tenders offered by government agencies from paying the selling value of the booklets of specifications, conditions and tender documents, and exempting suppliers and contractors from providing the initial insurance for each offer, and the final insurance was reduced to 5% of the value of the winning bid.
Circuit stimuli
The department launched these incentives, in order to enhance the process of sustainable economic development and efforts to attract investment, raise financial and economic efficiency and improve the business environment to consolidate the position of the emirate.
Ajman Department and Suppliers
The Ajman Department contributed to assisting the suppliers registered in the smart supplier system of the Ajman government, by exempting them from registration fees and renewing it in the register of suppliers, contractors and consultants until the end of 2020.