Current report no 62 / 2020

Date: October 27, 2020 2:38 PM

Construction of the Integrated Communication Centre (ICC) for the Lublin Functional Area (LFA) – tasks 1, 3 and 4 - selection of the bid of Budimex SA

The Management Board of Budimex S.A. announces that on 27 October 2020 it has been informed by the Road and Bridge Authority [Zarząd Dróg i Mostów] in Lublin, on behalf of the Ordering Parties: the Lublin Municipality, the Road and Bridge Authority in Lublin and the Lublin Public Transport Authority about the selection of the bid of Budimex S.A. as the most advantageous one in the tender procedure for the construction of the Integrated Communication Centre (ICC) for the Lublin Functional Area (LFA) – tasks 1, 3 and 4.


Bid value: 188,187,712.00 PLN net


In the last 12 months, the total value of orders with the Ordering Parties (including the value of annexes to contracts concluded more than one year ago and the following bid) amounted to PLN 194,982,050.42 net. 

The highest-valued order is the aforementioned bid.


Terms of the highest-valued contract:


Bid value: 188,187,712.00 PLN net


Works commencement date: 14 days from the date of signing the contract


Works completion date:  29 July 2022


Guarantee period: 60 months


Warranty period: 60 months


Advance payments: up to PLN 20 million, the first advance may be paid after completion and settlement of works worth at least PLN 10 million


Payment terms: 30 days from the day of service of a correctly issued VAT invoice to the Ordering Party by the Contractor


Performance bond: 10% of gross bid value


The Ordering Party may seek compensation under general rules if the amount of damage exceeds the amount of the stipulated penalty.


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


Total value of contracts signed between Budimex and its subsidiaries and the Ordering Parties, including the bid value, exceeds the threshold of PLN 151,393 thousand net.

Simultaneously, pursuant to Art. 171 sec. 4 Public Procurement Law, the contract may not be concluded until the information on the result of the prior control of the President of the Public Procurement Office will be delivered, the Awarding Entity will inform the Company in a separate letter about it.

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Shareholdership structure as on 18.06.2020

GPWKNFRespect IndexSEGWIG Budownictwo
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