Current report no 25 / 2022

Design and extension of the national road No 79 along the Garbatka – Wilczowola section from km 93+030 to km 100+711 – selection of the bid of Budimex S.A.

The Management Board of Budimex S.A. announces that Warsaw Branch of the General Directorate for National Roads and Motorways selected the bid of Budimex S.A. as the most advantageous one in the open tender procedure titled: Design and extension of the national road No 79 along the Garbatka – Wilczowola section from km 93+030 to km 100+711.

The information that our bid was rated the highest in the tender procedure was published on 14 December 2021 in the current report no. 84/2021, correction was published on 15 December 2021.

 The total value of orders with the same Employer in the last 12 months, including the bid referred to above, amounted to PLN 179,595,164.00 net. 

The aforementioned bid is the highest-valued order.

Bid value: PLN 92,900,164.00 net

Contract commencement date: the date of the Contract conclusion by both Parties

Works completion date: 33 months from the date of the contract conclusion

Guarantee period for the main works: from 1 to 10 years

Warranty period: 60 months

Advance payment: maximum 10% of the Accepted Gross Contract Amount

Payment conditions: within 30 days of the date of delivery of VAT invoices to the Employer, issued for the amounts certified in Payment Certificates

Bank performance bond: 10% of the Accepted Gross Contract Amount

Maximum amount of contractual penalty paid by the Contractor: 20% of the Accepted Net Contract Amount

The Employer shall pay the Contractor a contractual penalty for the Contractor’s withdrawal from the contract due to causes attributable to the Employer amounting to 15% of the Accepted Net Contract Amount.

The Employer reserves the right to demand supplemental damages in excess of contractual penalties up to the amount of the actual loss that was incurred or could be incurred due to the non-performance or improper performance of the Contract by the Contractor.

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

Total value of contracts signed between Budimex and the Employer, including the bid value, exceeds the threshold of PLN 158.224 thousand net.