The Management Board of Budimex S.A. announces that on 22 May 2024 an agreement was concluded between the General Directorate for National Roads and Motorways, Łódź Branch and Budimex S.A. for: Design and construction of the S12 expressway, section border of the province. Łódzkie – Radom Południe junction (without the junction) section 1 gr. voivodship. Łódź – Przysucha junction (without the junction).

The information that the bid of Budimex S.A. was rated the highest in the tender procedure and selected as the most advantageous was published on 18.01.2024. in current report No. 4/2024 and on 16.02.2024. in current report No . 10/2024.


Contract value:
PLN 367,554,821.00 net

Contract start date: Date of conclusion of the contract by both parties


Contract completion date:
43 months from the conclusion of the contract

The time of completion of the Works does not include winter periods (i.e. from 16 December to 15 March). Winter periods (i.e. from 16 December to 15 March) are included in the time covered by the design.

Warranty period for major works: up to 15 years

Warranty period: 60 months from the date indicated in the Takeover Certificate

Down payment: from 1% to 10% of the Accepted Gross Contract Amount

Payment terms: up to 30 days from the date of delivery of a correctly issued VAT invoice by the Contractor to the Ordering Party


Bank guarantee of good performance:
10% of the gross price stated in the offer


Maximum value of contractual penalty paid by the Contractor:
20% of the Accepted Net Contract Amount

The Ordering Party reserves the right to demand supplementary compensation transferring the amount of contractual penalties to the amount of the actual damage suffered, arising or likely to arise in connection with non-performance or improper performance of the contract by the Contractor.

Other contractual conditions do not deviate from market standards.

The value of the offering exceeds the threshold of 196,030 thousand. PLN net.