Budimex.pl

Current report no 58 / 2017

Date: July 21, 2017 1:07 PM

Construction of the S7 express road on the section: border of Mazowieckie /Świętokrzyskie provinces – road and rail junction in Skarżysko-Kamienna – Selection of the Budimex bid

The Management Board of Budimex SA announces that on 21 July 2017 the General Directorate for National Roads and Motorways selected the bid of Budimex SA as the most advantageous one in the public procurement procedure involving “Construction of the S7 express road on the section: border of Mazowieckie /Świętokrzyskie provinces – road and rail junction in Skarżysko-Kamienna”.  Bid value: PLN 211,248,656 net

 

Works commencement date: from the contract date

 

Works completion date: 22 months from the contract date

 

Guarantee period: 120 months

 

Statutory warranty period: 120 months

 

Advance payment: from 5% to 10% of the Accepted Gross Contract Amount.

 

Terms of payment: payment made within 30 days of the date of the Contractor’s delivery of the invoice to the Employer

 

Bank performance bond: 10% of the Total Gross Contract Value

 

Contractual penalties: the total amount of contractual penalties payable to the Employer will not exceed 20%

of the Accepted Gross Contract Amount.

 

Penalties paid by the Employer: 15% of the Accepted Gross Contract Amount for withdrawal from the contract due to reasons attributable to the Employer.

 

The Employer reserves the right to demand supplemental damages in excess of the contractual penalties up to the amount of the actual loss that was incurred. 

 

The bid value exceeds the threshold of PLN 111,446 thousand.

 

 

 

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