The Management Board of Budimex S.A. announces that on 28.04.2023 the City of Rybnik selected the bid of Budimex S.A as the most advantageous one in the tender procedure for: Construction of the Racibórz-Pszczyna Regional Road – completion of the southern bypass of Rybnik along provincial road DW935 in Rybnik.

The information that our bid was rated the highest in the tender procedure was published on 31 March 2023 in the current report no. 22/2023.

Bid value: PLN 218,012,270.80 net

Works commencement date: from the date of signing the contract

Works completion date: 21 months from the contract date (winter periods are included)

Guarantee period: maximum 120 months

Warranty period: the period of warranty for defects is equal to the offered guarantee

Advance payment: none

Payment terms: 30 or 35 days from the date of delivery of a correctly issued VAT invoice to the Ordering Party by the Contractor, depending on the source of financing of the project

Bank performance bond: 5% of gross remuneration

Relevant terms and conditions of the contract which are characteristic of this contract, in particular those which differ from the terms and conditions commonly used for the type of contracts: Investment co-financed by the Polish Deal programme and the Government Road Development Fund

The total amount of contractual penalties which the Ordering Party may impose on the Contractor must not exceed 60% of the total gross contractual remuneration.

The Ordering Party may claim supplemental damages in accordance with general rules.

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

The bid value exceeds the threshold of PLN 172,381 thousand net.