Construction of the S16 Olsztyn (S51) - Ełk (S61) road, Olsztyn - Biskupiec section (construction of the second roadway), Olsztyn East - Barczewo section - Budimex SA's bid again selected as the most advantageous
With reference to current report No. 54/2023 dated August 29, 2023, current report No. 61/2023 dated October 5, 2023, current report No. 7/2024 dated February 12, 2024 and current report No. 50/2024 dated July 3, 2024
The Management Board of Budimex S.A. announces that on 4 July 2024 the General Directorate for National Roads and Motorways, Olsztyn Branch, informed the Company that its bid had been re-selected as the most advantageous in the tender procedure for: Construction of the S16 Olsztyn (S51) – Ełk (S61) road, Olsztyn – Biskupiec section (construction of the second roadway), Olsztyn East – Barczewo section.
Value of the offer: PLN 412,530,636.00 net.
Date of commencement of works: from the date of signing the contract
Date of completion of works: 39 months from the Commencement Date, winter periods are not included
Warranty period for major works: up to 10 years
Warranty period: 60 months from the date indicated in the Takeover Certificate
Advance payment: up to 10% of the Accepted Gross Contract Amount
Payment terms: 30 days from the date of delivery of a correctly issued VAT invoice to the Ordering Party by
Contractor
Performance bank guarantee: 10% of the Accepted Gross Contract Amount
Maximum value of contractual penalty paid by the Contractor: 20% of the Accepted Net Contract Amount
The contracting authority has the right to seek compensation on general terms if the amount of damage exceeds the agreed contractual penalty.
Other contractual conditions do not deviate from market standards.
The value of the offering exceeds the threshold of 196 030 thousand. PLN net
