Current report no 15 / 2010

Current report no 15 / 2010 - 24 February 2010 / 00:00

Budimex S.A. new contract – The Second Passenger Terminal for Gdańsk Airport

The Management Board of Budimex S.A. announces that the consortium of companies, including Budimex S.A. (the consortium leader) and Korporacja Budowlana Doraco Sp. z o.o. (the consortium partner) with its registered office in Gdańsk, signed with Port Lotniczy Gdańsk Sp. z o.o. with its registered office in Gdańsk a contract concerning “Construction and supplementary design (as part of a detailed engineering design) of the Second Passenger Terminal for the Gdańsk Lech Walesa Airport together with accompanying buildings and infrastructure” on February 24, 2010.

  • Contract value: PLN 153,481,061.62 net.
  • Commencement date: 24.02.2010.
  • Deadline: 24 months from the date of concluding the contract.
  • Guarantee period: 60 months after the works have been completed.
  • Financial conditions:
    • Payment: 30 days after the Contracting Authority has received a correctly issued VAT invoice from the Contractor.
      Bank guarantee for successful execution: 10% of the gross contract value.
    • Maximum penalties paid by the Contractor: 10 %.
    • The Contracting Authority reserves the right to supplementary compensation in excess of contractual penalties up to the amount of damage actually suffered.

The contract value exceeds 10% of the equity of Budimex S.A.