Design and construction of the S11 expressway Ostrów Wlkp. – Kępno; section II Ostrzeszów Północ junction – Kępno Północ junction - Budimex SA's offer rated the highest
The Management Board of Budimex S.A. announces that on 26.02.2025 the General Directorate for National Roads and Motorways, Poznań Branch, informed the Company that its bid was rated the highest in the tender procedure for the “Design and construction of the S11 Ostrów Wlkp. – Kępno expressway; section II Ostrzeszów Północ junction – Kępno Północ junction”.
The above does not mean that Budimex S.A.’s bid was selected as the most advantageous, as the bid evaluation procedure has not been finally completed.
Offer value: PLN 478,237,858.86 net
Date of commencement of works: From the date of conclusion of the agreement by both parties
Date of completion of works: 39 months from the date of conclusion of the contract (winter periods are not included in the time of completion of the Works)
Warranty period: up to 15 years
Warranty period: 60 months from the date indicated in the Takeover Certificate
Down payment: from 1% to 10% of the Accepted Contract Amount
Payment terms: 30 days from the date of delivery of a correctly issued VAT invoice by the Contractor to the Ordering Party
Bank guarantee of good performance: 10% of the gross price stated in the offer
Maximum value of contractual penalty paid by the Contractor: 20% of the Accepted Net Contract Amount
Maximum value of contractual penalty paid by the Employer: 15% 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.
