Design and execution of construction works for the construction of new substations on the railway line No 38 at the Ełk – Korsze section under the project entitled “Works on the railway line No 38 at the Giżycko – Korsze section, along with electrification” – Consortium bid selected
The Management Board of Budimex S.A. announces that on 17 January 2024, PKP Polskie Linie Kolejowe S.A. selected the bid of the Consortium of: Budimex S.A. (Consortium Leader) and Victor Energy Sp. z o.o. (Consortium Partner) as the most advantageous bid in the tender procedure for : Design and execution of construction works for the construction of new substations on the railway line No 38 at the Ełk – Korsze section under the project entitled “Works on the railway line No 38 at the Giżycko – Korsze section, along with electrification”.
The information that the Consortium’s bid was rated the highest in the tender was published on 28.08.2023 in the current report No 53/2023.
Value of the bid submitted by the Consortium: PLN 233,101,626.02 net, including:
a) Basic scope: PLN 195,601,626.02 net
• Budimex S.A.: PLN 158,697,040.67 net (Consortium Leader)
• Victor Energy Sp. z o.o.: PLN 36,904,585.35 net (Consortium Partner)
b) Contingency: PLN 37,500,000.00 net
Contract commencement date: the date of conclusion of contract by the Parties
Contract completion date: 32 months from the date of contract conclusion
Guarantee period: 60 months, starting from the Final Acceptance date
Warranty period: 60 months, starting from the Final Acceptance date
Advance payment: none
Payment terms: The Contractor’s remuneration shall be paid within 30 days from the date of the Employer’s receipt of a correctly issued invoice together with the required documents.
Bank performance bond: 5% of the gross total price for the basic scope specified in the bid less the gross Contingent Remuneration
Maximum amount of contractual penalty paid by the Contractor: 20% of the net value of the Works or 30% of the net value of the Works (where a penalty for withdrawal from the contract has been charged)
Payment of a contractual penalty does not prejudice the Employer’s right to seek damages exceeding the contractual penalty provided for in the contract, in accordance with general principles, including those resulting from the loss of EU funding, if the loss of this funding was for reasons attributable to 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.
