Budimex.pl

Current report no 73 / 2021

Date: September 23, 2021 5:56 PM

Design and construction of S10 Bydgoszcz-Toruń express road, section 1 from Bydgoszcz Południe junction to Emilianowo junction along with the extension of DK 25 – bid of Budimex SA evaluated the highest

The Management Board of Budimex S.A. announces that on 23 September 2021 the General Directorate for National Roads and Motorways, Bydgoszcz Branch, informed the Company that its bid had been evaluated the highest in the tender procedure for the Design and construction of S10 Bydgoszcz-Toruń express road, section 1 from Bydgoszcz Południe junction to Emilianowo junction along with the extension of DK 25.

 

The aforementioned information does not mean selecting the bid of Budimex S.A. as the most advantageous one, because the procedure concerning the bid evaluation has not yet been finally completed.

 

Bid value: PLN 333,216,700.00 net

 

Contract commencement date: from the date of conclusion of the contract

 

Works completion date: 45 months from the Commencement Date

 

Guarantee period for the main works: 10 years

 

Warranty period: 60 months from the date indicated in the Work Acceptance Certificate

 

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

 

Terms of payment: 30 days from the day of delivery of a correctly issued VAT invoice to the Ordering Party by the Contractor

 

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 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.

 

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

 

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