Aktueller Bericht Nr. 62 / 2021

Contract 1B.5/1: Reconstruction of the bridge to ensure minimum clearance – Rail bridge at km 733.7 of the Regalica river in Szczecin – selection of the bid of Budimex SA

The Management Board of Budimex SA announces that on 24 August 2021 National Water Holding [Państwowe Gospodarstwo Wodne] – Regional Water Management Board in Szczecin, selected the bid of Budimex SA as the most advantageous one in the tender procedure for Contract 1B.5/1: Reconstruction of the bridge to provide a minimum clearance - the railway bridge at km 733.7 of the Regalica River in Szczecin.

Bid value: PLN 282,644,281.90 net 

Works commencement date: from signing the contract

Works completion date: 770 days, i.e. 26 months from the conclusion of the contract

Guarantee period: 5 years

Warranty period: 5 years

Advance payment: 15% of the Accepted Gross Contract Amount

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

Contractor

Bank performance bond: 9% of the Accepted Gross Contract Amount

Securing the fulfilment of environmental and social obligations: 1% of the Accepted Gross Contract amount

Essential terms of contract, specific for the contract: FIDIC and the World Bank procedures.

Maximum amount of contractual penalty paid by the Contractor: 10% of the Accepted Gross Contract amount

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 167,645 thousand net.