Budimex.pl

Current report no 52 / 2021

Date: June 15, 2021 4:55 PM

“Construction of a gas and oil boiler house (KGO) with auxiliary systems and balance of plant equipment as well as connections to Kawęczyn CHP Plant infrastructure” — Budimex S.A.'s bid with the highest score

The Management Board of Budimex S.A. announces that on 15 June 2021 it was notified by PGNiG TERMIKA SA, ul. Modlińska 15, 03-216 Warsaw that the bid submitted by Budimex S.A. for the “Construction of a gas and oil boiler house (KGO) with auxiliary systems and balance of plant equipment as well as connections to Kawęczyn CHP Plant infrastructure” tender procedure was evaluated as the most favorable.

 

Bid value:  PLN 156,243,000.00 net

 

In the last 12 months, the total value of orders with the same Ordering Party (including the value of annexes to contracts concluded more than one year ago and the following bid) amounted to PLN 171,227,793.84 net.

 

The highest-valued order is the aforementioned bid.

 

Terms of the highest-value bid:

 

Bid value: PLN 156,243,000.00 net

 

Works commencement date: from the contract date

 

Works completion date: 29 March 2024

 

Guarantee period: 36 months or 4500 hours of KGO operation (whichever occurs later) and 60 months for construction works

 

Warranty period: 36 months

 

Advance payment: 10% of net contractual remuneration

 

Payment terms: payments in accordance with the schedule of works and expenditures, 30 days from the day of delivery of a correct VAT invoice to the Ordering Party by the Contractor

 

Bank performance bond: 10% of gross lump sum remuneration

 

Maximum total value of contractual penalties payable by the Contractor: 30% of gross contractual remuneration

 

The Ordering Party shall have the right to claim, on general terms, additional compensation in excess of the contractual penalties set forth in the contract.

 

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 Party, including the bid value, exceeds the threshold of PLN 167,645 thousand net.

 

 

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Shareholdership structure as on 18.06.2020

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