Budimex.pl

Current report no 13 / 2010

Date: February 19, 2010

Information about the selection of the offer by Budimex SA – the Nowogard Ring Road

The Management Board of Budimex S.A. hereby reports that on 19th February 2010 it received from the Szczecin-based division of the General Directorate for National Roads and Motorways information about the selection of the offer by Budimex SA as the most favourable offer in the proceedings concerning the public procurement procedure carried out by a limited tender procedure for construction works: “The construction of the ring road of Nowograd in road S-6”.

  • Contract value: PLN132,404,019.51 net
  • Commencement date: after concluding the contract
  • Deadline: 22 months from the commencement date
  • Guarantee period: 60 months after the works have been completed
  • Financial conditions:
    • Payment: 49 days after the Contracting Authority has received the Payment Certificate along with the correctly issued VAT invoice of the Contractor
    • Bank guarantee for successful execution: 5% of the approved contractual amount
    • Contractual penalties paid by the Contractor:
      • A. For exceeding the Deadline for the Completion of Works – 0.01% of the Approved Contractual Amount per each day of delay
      • B. For failure to perform the Required Minimum Performance – 0.01% of the Approved Contractual Amount per each day of delay
      • C. For withdrawal from the Contract for reasons involving the Contractor – 10% of the Approved Contractual Amount
      • D. For exceeding the deadline for submitting: Programme, report, draft of a contract with a subcontractor and the deadline determined in Subclause 14.4 para (d) – PLN 2,000.00 for each day of delay
      • E. For exceeding the deadline to remove defects and to perform minor overdue works specified in the Taking-Over Certificate or for exceeding the deadline to remove the defects within the period of warranty for failures by the date specified by an Engineer/the Contracting Authority for each day of delay – 0.005% of the Approved Contractual Amount
    • Contractual penalties paid by the Contracting Authority:
      • A. For withdrawal from the Contract – 10% of the Approved Contractual Amount
    • The Parties reserve the right to supplementary compensation in excess of contractual penalties up to the amount of damage actually suffered.

The contract value exceeds 10% of the equity of Budimex S.A.

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Shareholdership structure as on 20.05.2021

GPWKNFRespect IndexSEGWIG Budownictwo