terms and conditions

  1. Introduction:

    These terms and conditions apply to all users of the platform, under which the user is subject to these terms and conditions once the user enter the platform, including all visitors and clints of the platform, such as suppliers and buyers. The user of the platform must understand what is contained in these terms and conditions which apply as stated in the current version:

  2. Definitions and terms:

    1. Platform: Means all electronic applications, whether in the form of an web page or a mobile application with digital links that can be used and through which the services contained in these terms and conditions, whether these services are material in a physical form or in kind of forms , through Monafasat alaamal limited Co.

    2. Services: Means all that is provided to users of the weather it’s with fee of charge or not on platform, which the user can use in accordance with these terms and conditions and which it can be taken in many forms such as written texts, visual materials and intellectual property rights, to which the user must abide by and submit to.

    3. User: All means where applicable:

      1. Visitors to the platform without registration.

      2. Suppliers.

      3. Buyers.

      4. Parties decided by the platform are subject to these terms and conditions.

    4. Suppliers: Means service providers supplying goods and goods or carrying out specific professional and advisory work as specified in the bidding platform.

    5. Buyers: I mean those who want to get supplier services according to what is specified in the bidding platform.

    6. Bidding platform: Means details of the business or goods that the buyer wishes to obtain by suppliers according to what is specified for each custom offer.

  3. Services provided by the platform:

    The platform offers the following services through the link Monafasat.sa Services include:

    1. Biding Market: The user can use the biding market to browse and choose the applicable opportunity by entering a supply order or wanting to supply where applicable.

    2. All services are provided according to the classification of packages or type of user where applicable.

    3. Services are provided exclusively in Saudi Arabia and will not be provided to those outside Saudi Arabia's geographical boundaries;

  4. Activate the service and start using it:

    1. The user must register all required personal information and business data to use the platform services.

    2. The user acknowledges that all the information entered is correct and valid, such as the validity of the e-mail, the ownership of mobile number.

    3. The user acknowledges that he or she resides in Saudi Arabia according to what is registered at the National Address of the Saudi Post Corporation, and that the platform will not be used outside Saudi Arabia's geographical boundaries, and if used outside Saudi Arabia's geographical boundaries, the platform reserves the right to compensate for any damages arising as a result of such use.

    4. When registered, the user must provide the following-at least-:

      1. User email.

      2. The user's contact number.

      3. Certificate of Registration number with the Ministry of Commerce or Investment where applicable.

      4. Certificate of registration in vat tax with the Zakat, Tax and Customs Authority.

      5. Tax returns as registered with the Zakat, Tax and Income Authority.

      6. License or permit to do business where applicable.

      7. Any other data, information or documents requested by the platform later.

    5. The user acknowledges that he/she is authorized by legal proof of identity documents, that he is the natural person authorized to register for the platform from that legal person, and that the user acknowledges that the platform will in no way assume whether the user acting on the account is not authorized.

    6. The user undertakes to maintain and confidential access data, and the platform is doing its utmost to limit unauthorized access to the account, yet the platform does not guarantee the resulting access.

    7. The user undertakes and acknowledges that their information entered or documents uploaded to the platform will be updated as soon as they are informed of their update;

    8. The user acknowledges that his or her practice as a supplier is committed to the regulations and regulations governing that activity, and therefore the platform assumes no responsibility for the invalidity, expiry or cancellation of documents submitted by the supplier for any reason.

    9. The user acknowledges the obligation to intellectual property rights subject to other users or the platform, and the platform is doing its utmost to limit the unauthorized use of those rights.

    10. The user acknowledges that no false, misleading or prohibited statement or information is displayed or entered or placed under legislative regulations, regulations and tools, the platform reserves the right to compensate for the damage caused by that act, nor does the platform bear any damage to other users as a result of that act and the right to compensation from that user; in any case, the platform does its utmost to maintain the confidentiality of the information and the privacy of users of the platform.

    11. In any case, the user reserves the right to suspend or cancel the account, yet does not transfer or prevent the platform from the right to compensation for damages to that user, even if it cancels or suspends its account altogether.

    12. The user understands that the role of the platform is limited to what is contained in the services, and the user acknowledges that the platform is not a resource, seller, agent or third party, but only in what is in the case.

    13. The user understands that the platform is working on periodic updates and continuous developments, so these terms and conditions will apply as in the applicable version.

  5. Supplier terms and conditions:

    1. All suppliers must issue licenses and permits to be issued for business activity from the relevant regulatory body of Saudi Arabia and ensure that they apply when they are submitted, and provide proof of this through the platform, and if deemed appropriate, request to verify the authenticity of that document in any way it deems appropriate.

    2. The platform does due diligence to verify the authenticity of such documents, nor does it in any case guarantee the validity of the documents submitted, and in doing so when suspected or verified that one of those documents has been falsified in retaining the right to compensation and claiming the damages it has suffered.

    3. The supplier understands that the bidding platform provided by the buyers is clear, correct and not misleading, and therefore make the appropriate effort to meet the bidding platform's details when submitting the application, and the platform is not responsible for the validity of the data or information entered by the buyers, and the role of the platform in this regard is limited to the buyer's offer to various suppliers, and the platform does not guarantee that the buyer is committed to other regulations or regulations when presented to the platform.

    4. The supplier is aware that its data and information will be displayed on the platform, as it is already entered from, so that the information and data entered should be validated and confidential throughout its use of the platform.

    5. The Platform assumes no liability when the buyer is late in paying in accordance with the terms and conditions, and the supplier is liable to the platform to claim the right penalty terms resulting from the delay in payment announced by the buyer.

    6. The supplier is aware that the platform may review its information, data or logos for advertising and marketing purposes either through the platform or in any other entity; in any case, it will not violate any right to the supplier's intellectual property, disclose any of the supplier's professional secrets or declare confidential information in nature.

    7. The supplier acknowledges its obligation to these terms and conditions and will not violate them in any way, as well as compliance with all legislative regulations and regulations governing his business or in any case for commercial activity, and the supplier acknowledges that the servants, goods and goods supplied are authorized to use and provide them under a special arrangement for such use.

    8. In order to protect intellectual property rights and reduce misleading and erroneous data, the platform has the right to request the removal of any content provided by the supplier on the platform, in which case the supplier must remove that content within 24 hours of the platform's request; that request is in any way that the platform deems appropriate, and if the supplier refuses to remove that content, the platform has the right to remove it directly without reference to the supplier, and in doing so may take all necessary action.

  6. Buyers' terms and conditions:

    1. When entering bidding platform data, buyers must attach the following information:

      1. The buyer's name as recorded in the proof documents such as the commercial register and the license of the activity.

      2. A brief description of the bidding platform in the workplace.

      3. Duration and validity of the expected bidding platform.

      4. The start and end date of the presentation of the supply offers.

      5. Attach the main supplier data in the event of a bidding platform for sub-suppliers.

      6. Prove any kind of guarantee of continuity of bidding platform.

      7. Any document, statement or information requested by the Platform in order to achieve the duty of disclosure and due diligence to users.

    2. All buyers must issue licenses and permits to be issued to conduct their business from the relevant regulatory body of Saudi Arabia and ensure that they apply when they are submitted, and provide proof of this through the platform, and if deemed appropriate to request the validity of that document in any way it deems appropriate.

    3. The platform does due diligence to verify the authenticity of such documents, nor does it in any case guarantee the validity of the documents submitted, and in doing so when suspected or verified that one of those documents has been falsified in retaining the right to compensation and claiming the damages it has suffered.

    4. The buyer acknowledges that the bidding platform is authorized and authorized to operate on it and authorizes it to provide what is necessary to meet and dispose of its provisions, and the platform disclaims its responsibility in the event that the bidding platform offered is found to have been entered without the authorized person, in addition to which the platform reserves the right to claim compensation for the damages it has suffered.

    5. The buyer shall be liable for the platform in the event that the supplier violates the bidding platform terms and conditions, or the supplier has provided a statement or false or misleading information to obtain such bidding platform, and the buyer has the right to claim any compensation resulting from the supplier's violation of the terms and conditions of the bidding platform, and the buyer acknowledges that the platform is not an agent or commissioner of the supplier.

    6. The buyer acknowledges the appointment of a authorized person who is communicated on the platform or any means that the platform deems appropriate, and that authorized person carries a documented or certified authorization in accordance with the applicable regulations and regulations, and the platform assumes no responsibility produced if that authorization is revoked or expired.

    7. The buyer is aware that its data and information will be displayed on the platform, as it is already entered from, so that the information and data entered should be validated and confidential throughout its use of the platform.

    8. The buyer is aware of the authorization of the platform to issue a tax invoice where applicable, credit notices or a city, and authorizes the platform to issue the project completion certificate in place of the land.

    9. The buyer acknowledges its obligation to the terms and conditions and will not violate them in any way, the buyer acknowledges that it complies with all legislative regulations and regulations governing his business or in any case for the conduct of the business, and the buyer acknowledges that the bidding platform offered is authorized to be used and offered under a special arrangement for such use.

    10. The buyer understands that the platform may review its information, data or logos for advertising and marketing purposes either through the platform or in any other party; in any case, it will not violate any right to the buyer's intellectual property, disclose any of the buyer's professional secrets or declare confidential information in nature.

    11. For the platform to protect intellectual property rights and reduce misleading and erroneous data, it has the right to request the removal of any content provided by the buyer on the platform, in which case the buyer must remove that content within 24 hours of the platform's request; What it takes.

  7. Processing payments:

    1. The user understands that the platform is contracted by a third party to provide electronic payment methods, allowing it to process payments between suppliers and buyers, as the platform assumes no responsibility when faced with any technical or technical defects resulting from the third party.

    2. The user states that these payments are processed in accordance with the banking operations approved by the Central Bank of Saudi Arabia, nor does it guarantee that the third party will comply with these requirements or the procedures to be followed by the regulators.

    3. The user understands that the platform does not act as a buyer or supplier in any way and that it is not an agent or payment contractor to any of the platform's users.

    4. The user is liable for the platform in the event of the entry of false payment information, and the platform is doing its best to verify payment information and continue its access to the supplier.

    5. The platform does its best to verify the completion and completion of the bidding platform in accordance with the terms and conditions, and if the platform finds that the bidding platform is not completed as required, it has the right to suspend or cancel payment at the buyer's request.