Aktuální report č. 15 / 2020

Datum: 11. března 2020 18:41

Performance of construction works related to the redevelopment of Warszawa Zachodnia station

The management Board of Budimex S.A. announces that on 11 March 2020 PKP Polskie Linie Kolejowe S.A., acting jointly with Tramwaje Warszawskie Sp. z o.o., informed the Company that its bid received the highest score in the electronic auction in the tender procedure for the “Performance of construction works related to the redevelopment of Warszawa Zachodnia station” as part of the project POIiŚ 5.1-13 entitled: “Works on the Warsaw cross-city line along the section Warszawa Wschodnia – Warszawa Zachodnia” and the project POIiŚ 6.1-22 entitled: “Construction of the street car route to Wilanów together with the purchase of the rolling stock and accompanying infrastructure”.


The aforementioned information does not mean selecting the bid of Budimex S.A. as the most advantageous one, as the procedure concerning the bid evaluation has not yet been finally completed.


Value of the bid after the auction: PLN 1,941,463,415 net (however, the final value of the contract may change due to the recalculation by the Ordering Party of the unit prices offered in the bid using the discount rate resulting from the auction)


Works commencement date: not later than 30 days from the Contract date


Works completion date: 1101 days from the Contract date


Guarantee period: 72 months


Warranty period: 72 months


Advance payment: 10% of gross value


Payment terms: 30 days from the day of delivery of a correct VAT invoice to the Ordering Party by the Contractor


Bank performance bond: 10% of gross value


Maximum amount of contractual penalty paid by the Contractor: 30% of gross value


Penalties payable by the Ordering Party do not deviate from market standards.


The Ordering party reserves the right to seek damages under general applicable rules if the amount of loss sustained exceeds the amount of the stipulated penalty.


Other terms and conditions of the contract do not differ from the market standards.


The bid value exceeds the threshold of PLN 147,743 thousand net.

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Akcionářská struktura k 20.05.2021