Budimex.pl

Current report no 62 / 2017

Date: August 3, 2017 5:27 PM

Modernisation of the Trzebinia - Krzeszowice section - selection of the Budimex bid

The Management Board of Budimex SA announces that on 3 August 2017 PKP Polskie Linie Kolejowe SA selected the bid of the consortium including Budimex SA (consortium partner with a share of 50%) and Torpol SA (consortium leader) as the most advantageous one in the public procurement procedure for “The execution of construction works under Tender No 2 – Modernisation of the Trzebinia – Krzeszowice section (km 29.110 - 46.700 of line No 133)”. The bid value is PLN 596,720,898 net (including a contingency in the amount of PLN 77,530,000 net, which is used to pay the costs of labour, works, materials or equipment which are not covered by the contract but are necessary for its performance).

 

Works commencement date: not later than 42 days from the date of signing the contract

 

Works completion date: 27 months from the works commencement date

 

Guarantee period: 72 months starting from the day on which the Work Acceptance Certificate is issued

 

Advance payment: up to 10% of the Accepted Contract Amount, if the Contractor asks for an advance payment

 

Term of payment (in days): within 30 days from the date of the Employer’s receipt of a correctly issued invoice accompanied by an Interim Payment Certificate and acceptance certificates

 

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

 

Maximum penalties: 30% of the Accepted Gross Contract Amount

 

Contractual penalties do not prejudice the Ordering Party’s right to seek damages exceeding liquidated damages provided for in the contract, in accordance with general principles, including those resulting from the loss of EU funding, if the loss of funding occurred for reasons attributable to the Contractor.

 

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

 

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