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 section Mazuchówka – Olecko" – signing of the contract
The Management Board of Budimex S.A. announces that on 8 November 2024 an agreement was concluded between the Warmian-Masurian Voivodeship – the Provincial Roads Authority and BUDIMEX S.A. for the task 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” Information that the bid of Budimex SA was rated the highest and selected as the most advantageous was provided on 9 July 2024 in current report No. 54/2024 and on 26 July 2024 in current report No. 57/2024. Contract value: 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 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 performance guarantee: 5% of gross contractual remuneration
Maximum value of contractual penalty paid by the Contractor: 20% of the net contractual remuneration
The Ordering Party reserves the right to seek 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 contract, exceeds the threshold of PLN 196,030 thousand. PLN net.
