Current report no 1/2024

Current report no 1/2024 - 5 January 2024 / 13:52

‎ “Construction of the Al. Wojska Polskiego National Road No 1 junction together a new alignment of ‎National Road No 46 in Częstochowa” – Budimex S.A. bid selected

The Management Board of Budimex S.A. announces that on 05.01.2024 the Municipal Road Authority in ‎Częstochowa selected the bid of Budimex S.A. as the most advantageous one in the tender procedure ‎for: “Construction of the Al. Wojska Polskiego National Road No 1 junction together a new alignment of ‎National Road No 46 in Częstochowa.”‎

The information that our bid was ranked the highest in the tender was published on 28.07.2023 in the ‎current report No 48/2023.‎

Bid value: PLN 195,931,355.00 net

Contract commencement date: from the date of signing the contract

Works completion date: a maximum of 48 months from the Contract date

Guarantee period: 120 months

Warranty period: 120 months

Advance payment: PLN 10,000,000.00, on condition that the Contractor meets the deadline for ‎submission of the complete architectural and construction concept to the Ordering Party

Payment terms: 30 or 35 days from the date of the Ordering Party’s receipt of a VAT invoice correctly ‎issued by the Contractor, accompanied by all required documents, depending on the sources of financing ‎of the project

Bank performance bond: 5% of gross bid value

Relevant terms and conditions of the contract which are characteristic of this contract, particularly those ‎which differ from the terms and conditions commonly used for the type of contracts: project co-financed ‎by the Polish Deal programme: Strategic Investment Programme.‎

Maximum amount of contractual penalty paid by the Contractor: 30% of gross remuneration

The Ordering Party reserves the right to seek supplemental damages up to the amount of the damage ‎suffered.‎

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

The bid value exceeds the threshold of PLN 172,381 thousand net.‎