“Reconstruction of regional road No 925 from the border of Ruda Śląska, city with district rights – A1 – to the border of Rybnik, city with district rights” -the bid of Budimex SA ranked highest
The Management Board of Budimex SA announces that on 28 March 2022, the Province Road Administration in Katowice informed the Company that its bid had been ranked highest in the tender procedure for Construction works for the task: “Reconstruction of regional road No 925 from the border of Ruda Śląska, city with district rights – A1 – to the border of Rybnik, city with district rights”.
The aforementioned information does not mean selecting the bid of Budimex S.A. as the most advantageous one, as the procedure concerning the bid evaluation has not yet been finally completed.
Bid value: PLN 199,891,143.71 net
Works commencement date: after the date of the Employer’s submission of the Design Documentation and Specifications for Work Accomplishment and Acceptance (STWiORB) and after the Contractor’s takeover of the Construction Site by virtue of a hand-over report (the Construction Site will be handed over within 14 days from the date of conclusion of the Contract).
Works completion date: 30 September 2023
Guarantee period: 96 months
Warranty period: 96 months
Advance payment: 5% of the gross contractual amount
Payment terms: up to 30 calendar days from the date of delivery of a correct VAT invoice to the Employer by the Contractor
Bank performance bond: 4.5% of the total price stated in the Tender Form
Relevant terms and conditions of the Contract, which are characteristic of this Contract, in particular those which differ from the terms and conditions commonly used for the type of contract: none
Maximum amount of contractual penalty payable by the Contractor: 30% of net remuneration
Maximum amount of contractual penalty payable by the Employer: 20% of the net remuneration for withdrawal from the Contract for reasons attributable to the Employer
If the contractual penalty on any account does not cover the damage suffered by the Employer (including lost profits), the Employer may claim compensation in excess of the contractual penalty on general terms.
Other terms and conditions of the Contract do not differ from the market standards.
The value of the Contract exceeds the threshold of PLN 158,224 thousand net.