DESIGN AND CONSTRUCTION OF THE S17 PIASKI – HREBENNE EXPRESSWAY, SECTION NO. 3: "KRASNYSTAW PÓŁNOC" ("KRASNYSTAW I") JUNCTION WITH THE JUNCTION – "IZBICA" ("TARZYMIECHY") JUNCTION WITH THE JUNCTION - selection of Budimex S.A.'s offer as the most advantageous
The Management Board of Budimex S.A. announces that on 10 July 2024 the General Directorate for National Roads and Motorways, Lublin Branch , informed the Company that it had selected Budimex S.A.’s bid as the most advantageous in the tender procedure entitled “S.A. DESIGN AND CONSTRUCTION OF THE S17 PIASKI – HREBENNE EXPRESSWAY, SECTION NO. 3: “KRASNYSTAW PÓŁNOC” (“KRASNYSTAW I”) JUNCTION WITH THE “IZBICA” (“TARZYMIECHY”) JUNCTION WITH THE “TARZYMIECHY” JUNCTION.
The information that our offer was rated the highest in the tender procedure was published on May 7, 2024 in current report No. 39/2024.
Offer value: PLN 781,745,752.00 net
Date of commencement of works: the next day after the signing of the Agreement by the other Party
Date of completion of works: 41 months from the date of conclusion of the contract (winter periods are not included in the time of completion of works). In relation to the content of Report 39/2024, the Deadline for the completion of works was extended from 39 months to 41 months.
Warranty period: up to 15 years
Warranty period: 60 months from the date indicated in the Takeover Certificate
Advance payment: from 1% to 10% of the Accepted Gross Contract Amount
Payment terms: up to 30 days from the date of delivery to the Ordering Party of VAT invoices issued for the amounts certified in the Payment Certificates
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 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