Design (in the railway traffic control industry) and comprehensive execution of construction works on the railway line No 104 at section D Limanowa – Klęczany industrial spur – signing of the contract
The Management Board of Budimex S.A. announces that on 8 March 2024, PKP Polskie Linie Kolejowe S.A. signed a contract with a consortium of the following companies: Budimex S.A. (Consortium Leader, share of 50%), Gülermak Ağir Sanayi Inşaat ve Taahhüt A.Ş. (Consortium Partner, share of 25%) and Gülermak Sp. z o.o. (Consortium Partner, share of 25%) for: Design (in the railway traffic control industry) and comprehensive execution of construction works on the railway line No 104 at section D Limanowa – Klęczany industrial spur as part of the project entitled: “Modernisation of the railway line No 104 Chabówka – Nowy Sącz, at the sections Chabówka – Rabka Zaryte – Mszana Dolna and Limanowa – Klęczany – Nowy Sącz”.
The information that the consortium’s bid was ranked highest and selected as the most advantageous one in the tender procedure was published on 29 September 2023 in current report No 58/2023 and on 31 October 2023 in current report No 64/2023. The information on cancelling the selection and reselection was published on 13 December 2023 in current report No 72/2023.
Contract value: PLN 1,930,455,530.46 net
Works commencement date: from signing the contract
Works completion date: 38 months from the signing of the contract
Guarantee period for the main works: 72 months
Warranty period: 72 months from the date indicated in the Final Acceptance Certificate
Advance payment: none
Payment terms:30 days from the day of delivery of a correctly issued VAT invoice to the Ordering Party by the
Contractor
Bank performance bond: 5% of gross remuneration
Maximum amount of contractual penalty paid by the Contractor: 20% of net remuneration
The Ordering Party reserves the right to seek damages under generally applicable rules if the amount of loss sustained exceeds the amount of the stipulated contractual penalty.
Other terms and conditions of the contract do not differ from the market standards.
The value of the consortium contract exceeds the threshold of PLN 172,381 thousand net.
