The Management Board of Budimex S.A. announces that on 26 July 2024, the Warmian-Masurian Voivodeship – Voivodeship Roads Authority informed the Company that its bid had been selected as the most advantageous in the tender procedure entitled Design and Build for the task entitled: “Expansion of the interregional communication route Kętrzyn – eastern border of the voivodeship on the sections DW 592, DW 655, DW 653. Stage II “Extension of the provincial road No. 655 on the Mazuchówka – Olecko section” The information that the bid of Budimex SA was rated the highest was provided on 9 July 2024 in current report No. 54/2024. The total value of orders with the same Contracting Authority, together with the above-mentioned offer, amounted to PLN 263,612 thousand net. The order with the highest value is the above-mentioned offer. Value of the offer: PLN 193,091,011.01 net Date of commencement of works: from the date of conclusion of the contract Date of completion of works: 32 months from the date of conclusion of the contract Warranty period for the main works: 8 years Warranty period: 8 years from the date of final acceptance Advance payment: none Payment terms: up to 30 days from the date of delivery of VAT invoices to the Ordering Party Bank guarantee of good performance: 5% of gross contractual remuneration Maximum value of contractual penalty paid by the Contractor: 20% of net contractual remuneration The Ordering Party reserves the right to claim supplementary damages, transferring the amount of stipulated contractual penalties to the amount of the actual damage suffered. Other contractual conditions do not deviate from market standards. The total value of the orders signed between Budimex and the Contracting Authority, together with the value of the offer, exceeds the threshold of PLN 196,030 thousand. PLN net.