Design and construction of the S12 express road on the Łódzkie Province border – Radom South junction section (without the junction), section 1 – Łódzkie Province border – Przysucha junction (without the junction) - selection of the company’s bid
The Management Board of Budimex S.A. announces that on 16 February 2024, the General Directorate for National Roads and Motorways, Branch in Łódź, selected the bid of Budimex S.A. as the most advantageous one in the tender procedure for: Design and construction of the S12 express road on the Łódzkie Province border – Radom South junction section (without the junction), section 1 – Łódzkie Province border – Przysucha junction (without the junction).
The information that Budimex S.A’s. bid had been rated the highest in the tender was published on 18.01.2024 in current report No 4/2024.
Bid value: PLN 367,554,821.00 net
Contract commencement date: date of the contract conclusion by both parties
Contract completion date: 43 months from contract conclusion
The implementation time does not include winter periods, i.e. from 16 December to 15 March. The design time includes winter periods, i.e. from 16 December to 15 March.
Guarantee period for the main works: 15 years
Warranty period: 60 months from the date indicated in the Work Acceptance Certificate
Advance payment: from 1% to 10% of the Accepted Gross Contract Amount
Payment terms: up to 30 days from the day of the Contractor’s delivery of a correct VAT invoice to the Ordering Party
Bank performance bond: 10% of the gross price specified in the bid
Maximum amount of contractual penalty paid by the Contractor: 20% of the Accepted net Contract Amount.
The Ordering Party reserves the right to demand supplemental damages in excess of the contractual penalties, up to the amount of actual loss that was incurred or could be incurred due to the non-performance or improper performance of the contract by the Contractor.
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.
