Oman Investment & Finance Company SAOG announced that Public Authority for Water (PAW) has awarded OIFC the contract for Collection Services for Water Bills for a period of two years as per the official communication received from PAW dated May, 2019. The commencement date is April, 2019 and it expires on 31 March, 2021. The contract value is determined upon the actual number of transactions conducted through the collection channels of OIFC. OIFC expects reasonable profits out of this contract.