Aktuální report č. 16 / 2020

Datum: 16. března 2020 14:14

“Extension of the Polish Theatre in Szczecin” - signing of the contract

The Management Board of Budimex S.A. announces that on 16 March January 2020 the contract has been concluded between Budimex S.A and the Polish Theatre in Szczecin for “Extension of the Polish Theatre in Szczecin”.


The information that our bid received the highest score in the tender proceedings and was selected as the most advantageous one was published on 20 January 2020 in the current report No 6/2020 and on 24 January 2020 in the current report No 8/2020.


Contract value: PLN 159,395,483.76 net


Works commencement date: up to 21 days from the contract date (date of handing-over the construction site)


Works completion date: 32 months from the contract date


Guarantee period: 60 months


Statutory warranty period: 60 months


Advance payment: none


Payment terms: 30 days from the day of the Contractor’s delivery of a correctly issued VAT invoice to the Ordering Party’s office


Bank performance bond: 5% of the gross lump-sum remuneration 


Maximum amount of contractual penalty paid by the Contractor: 20% of total gross remuneration due to the Contractor


Contractual penalties payable by the Contractor do not differ from the market standards.


The Ordering Party reserves the right to claim compensation in the amount of actual damage, regardless of the amount of contractual penalty.


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


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

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Akcionářská struktura k 20.05.2021