Budimex.pl

Current report no 7 / 2021

Date: January 22, 2021 2:44 PM

“The construction of the Warzymice and Przecław bypass along National Road No 13 divided into two implementation tasks – section 1 – from the Haken Roundabout to the Siadło Górne junction - selection of bid of Budimex S.A.

The Management Board of Budimex S.A. announces that on 04.01.2021 the Company was informed by the Szczecin Branch of the General Directorate for National Roads and Motorways that the Company’s bid had been selected as the most advantageous one in the limited tender procedure titled:  “The construction of the Warzymice and Przecław bypass along National Road No 13 divided into two implementation tasks – section 1 – from the Haken Roundabout to the Siadło Górne junction (without the junction)”.

 

The total value of orders with the same Employer (including the above-mentioned bid) since the last report sent, i.e. since 4.03.2020, has amounted to PLN 176,962 thousand net. This amount comprises: contracts and annexes signed during the year and amounting to the total of PLN 47.205 thousand, as well as two bids selected as the most advantageous in the tenders (including the one contemplated in this report) for a total amount of PLN 129,757 thousand net. 

 

Bid value: PLN 69,896,360.00 net

 

Contract commencement date: on the date of Contract conclusion with the Contractor

 

Works completion date: 27 months from the Contract date

 

Guarantee period for the main works: from 5 to 10 years

 

Warranty period: 60 months

 

Advance payment: maximum 10% of the Accepted Gross Contract Amount

 

Terms of payment: within 30 days of the date of delivery of VAT invoices to the Employer, issued for the amounts certified in Payment Certificates

 

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

 

Maximum amount of contractual penalty paid by the Contractor: 20% of the Accepted Gross Contract Amount

 

The Employer shall pay the Contractor a contractual penalty for the Contractor’s withdrawal from the contract due to reasons attributable to the Employer amounting to 15% of the Accepted Gross Contract Amount.

 

The Employer reserves the right to demand supplemental damages in excess of contractual penalties up to the amount of the actual loss that was incurred or could be incurred due to the improper performance of the agreement by the Contractor.

 

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

 

Total value of orders signed between Budimex and the Employer, including the value of bids, exceeds the threshold of PLN 151,393 thousand net.

 

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Shareholdership structure as on 18.06.2020

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