Privatization procurement appeals will be received and reviewed by the Privatization Procurement Appeals Board, an independent entity established by the Kingdom's Privatization Law (Resolution Number upon completion). The decisions of the Privatization Procurement Appeals Board are final and not subject to further review.
The Privatization procurement Appeals Board shall consist of five members with expertise in matters of contract law and/or Privatization, and shall include both international 1 and Saudi experts in these fields. Two of the five members shall be attorneys, and the other members shall represent the fields of economics, engineering or finance.
Members of the Privatization Procurement Appeals Board shall be nominated by NCP subject to approval from CEDA. Upon approval, Members shall serve for a three-year term, and may be reappointed to additional terms, subject to NCP nomination and CEDA approval.