{"id":31913,"date":"2026-06-10T14:52:00","date_gmt":"2026-06-10T11:52:00","guid":{"rendered":"https:\/\/www.sharakat.com.sa\/?page_id=31913"},"modified":"2026-07-20T01:13:33","modified_gmt":"2026-07-19T22:13:33","slug":"award2026","status":"publish","type":"page","link":"https:\/\/www.sharakat.com.sa\/en\/award2026\/","title":{"rendered":"Sharakat Awards 4th edition"},"content":{"rendered":"\t\t
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Sharakat Awards for the years 2024 and 2025.<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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About the Award<\/strong><\/p>

Held under the patronage of H.E. the Minister of MEWA and Chairman of the Board of Directors, The SHARAKAT Award is a national platform that recognizes its successful partners and celebrates outstanding and pioneering projects that have set leading benchmarks while contributing to the advancement and sustainability of Saudi Arabia\u2019s water sector, reflecting the value of effective public-private partnerships.<\/p>

  1. Award Objectives<\/strong>
    \u2022 Foster a culture of excellence and leadership across the water sector.
    \u2022 Recognize outstanding achievements in water projects.
    \u2022 Encourage healthy competition based on the highest standards.
    \u2022 Strengthen partnerships and investment in the water sector.
    \u2022 Enhance the efficiency and sustainability of water projects.
    \u2022 Contribute to achieving the objectives of Saudi Vision 2030<\/li><\/ol>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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    Registration opens <\/h5>\t<\/div>\n\t\t\t
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    30 August 2026<\/div><\/div>\n\n
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    Award Ceremony <\/h5>\t<\/div>\n\t\t\t
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    15 July 2026 <\/div><\/div>\n\n
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    19 October 2026<\/div><\/div>\n<\/div>\t\t<\/div>\n\t<\/div>\n\t<\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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    Terms<\/div><\/div><\/div>
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    Award Requirements<\/div><\/div><\/div>
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    Awards<\/div><\/div><\/div>
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    Registration<\/div><\/div><\/div>
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    Coverages<\/div><\/div><\/div>\t\t\t<\/div>\n\t\t\t
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    \n\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t<\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\tFinancial Close Excellence Award: Fastest Financial Close<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t
    This category recognizes projects that achieve the fastest adjusted financial close while maintaining disciplined CP management and a clean financial close package.<\/td><\/tr><\/tbody><\/table>

    Developers are evaluated based on :<\/p>

    Commercial Close Date \u2013 CC: <\/span>The date when Commercial Close was achieved and the Financial Close period starts.<\/p>

    Financial Close Date \u2013 FC:<\/span> The date when Financial Close was achieved.<\/p>

    Total Days to Financial Close: <\/span>Measures the total number of days between Commercial Close and Financial Close.<\/p>

    SWPC \/ Approved Delay Impact:<\/span> Excludes delay days attributable to SWPC or other approved external factors.<\/p>

    Project Type:<\/span> Assesses whether the project represents a pioneering PPP transaction, such as the first successful ISWR or IWTP project.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t

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    This category recognizes projects that demonstrate excellence in financing structure, lender participation, debt service coverage, risk allocation, hedging strategy<\/td><\/tr><\/tbody><\/table>

    Developers are evaluated based on :<\/p>