Budimex.pl

Current report no 71 / 2020

Date: December 18, 2020 12:28 PM

Construction of the Integrated Communication Centre (ICC) for the Lublin Functional Area (LFA) – tasks 1, 3 and 4 - signing of the contract

The Management Board of Budimex S.A. announces that on 18 December 2020  the contract has been concluded between Budimex S.A  and 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 for the construction of the Integrated Communication Centre (ICC) for the Lublin Functional Area (LFA) – tasks 1, 3 and 4.

 

The information that our bid received the highest score in the tender proceedings and was selected as the most advantageous one was published on 20 October 2020 in the current report No 61/2020 and on 27 October 2020 in the current report No 62/2020.

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. 

 

Contract 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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