The Management Board of Budimex S.A. announces that 8 November 2022 the contract has been concluded between Budimex SA and the 5th Military Clinical Hospital with a sub-clinic – Independent public healthcare facility in Kraków for: “Construction of a hospital building to accommodate an operating theatre, hospital wards, diagnostic-laboratory and rehabilitation facilities, together with the supply of equipment.”

The information that our bid was selected as the most advantageous one was published on 30 Semptember 2022 in the current report no. 58/2022.

Contract value: PLN 367,509,000.00 net, of which:

– basic order: PLN 319,412,000.00 net

– optional order: PLN 48,097,000.00 net

Works commencement date: works commencement date is understood as the date of signing the contract

Works completion date: 30 November 2026

Guarantee period: 96 months

Warranty period: 96 months

Payment terms: 60 days from the day of delivery of a correctly issued VAT invoice to the Ordering Party by the Contractor

Bank performance bond: 2% of gross remuneration (excluding optional scope)

The maximum aggregate liability of the Contractor towards the Ordering Party for claims, costs, losses or damages resulting from the Contractor’s non-performance or improper performance of the Contract, including non-performance or improper performance of obligations under the quality guarantee and warranty for defects, as well as tortious liability, shall not exceed 20% of the Accepted Net Remuneration.

The maximum aggregate liability of the Ordering Party towards the Contractor for claims, costs, losses or damages resulting from the Ordering Party’s non-performance or improper performance of this Contract, including tortious liability, shall not exceed 5% of the Accepted Net Remuneration.

The charging of contractual penalties due to the Ordering Party in the cases provided for in the Contract shall not exclude the Ordering Party’s right to claim compensation on general terms; however, the overall amount of compensation shall not exceed a maximum of 15% of the Accepted Net Remuneration.

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

The contract value exceeds the threshold of PLN 158,224 thousand net.