Current report no 15 / 2013

Current report no 15 / 2013 - 8 March 2013 / 00:00

Construction of Pomeranian Metropolitan Railway, Stage I - selection of the bid of the Budimex SA and Ferrovial Agroman SA consortium

The Management Board of Budimex SA announces that on 8 March 2013 it was informed by Pomorska Kolej Metropolitalna SA, with its registered office in Gdańsk, about the selection of the bid of the consortium composed of Budimex SA (leader: 95% share in the consortium) and Ferrovial Agroman SA (partner: 5% in the consortium) as the best bid in the limited public procurement procedure for the Design and construction of Pomeranian Metropolitan Railway, Stage I – revitalisation of Kolej Kokoszkowska.
Contract value: 582,225,071.59 zlotys net
Commencement date: not later than 42 days from the date of signing the contract.
Deadline: 30.04.2015.
Guarantee period: 60 months
Financial terms and conditions:
Advance payment: 10% of the gross offered price
Term of payment: 30 days from the delivery of the invoice to the Contracting Authority.
Performance bond: 10% of the gross offered price
Maximum penalties paid by the Contractor: 10% of the gross offered price.
The Contracting Authority may seek damages in excess of the amount of the stipulated liquidated damages.
The contract value exceeds 10% of the equity of Budimex SA.