Date: October 4, 2012
Construction of a new runway for “Katowice” Airport in Pyrzowice - notice of the selection of the Budimex SA bid
The Management Board of Budimex SA announces that on 4 October 2012 it received a letter concerning the selection of Budimex SA's bid in the limited tender procedure for the "Building works involving the construction of a new runway and the necessary infrastructure at the International Katowice Airport in Pyrzowice, executed as part of the task: Airport in Katowice: expansion and modernisation of the airport infrastructure".
- Value of the contract: PLN 121,625,981.91 net
- Commencement date: 30 days from the date the Contract becomes effective
- Deadline: 30.09.2014
- Guarantee period: 60 months
- Financial terms and conditions:
- Payment: 60 days from the delivery of the invoice to the Contracting Authority
- Performance bond: 10% of the gross contract value
- Maximum penalties paid by the Contractor: 10% of the net contract value
- If the value of the damage exceeds the contractual penalties, the Contracting Authority shall have the right to claim compensation on general terms
The value of the contract exceeds 10% of the equity of Budimex SA..