DESIGN AND CONSTRUCTION OF THE S17 PIASKI – HREBENNE EXPRESS ROAD, SECTION 3: “KRASNYSTAW PÓŁNOC” JUNCTION (“KRASNYSTAW I”) WITH THE JUNCTION – “IZBICA” JUNCTION (“TARZYMIECHY”) WITH THE JUNCTION – Budimex S.A. bid rated the highest
The Management Board of Budimex S.A. announces that on 7 May 2024, the General Directorate for National Roads and Motorways, Branch in Lublin, informed the Company that its bid had been awarded the highest score in the tender procedure for: “DESIGN AND CONSTRUCTION OF THE S17 PIASKI – HREBENNE EXPRESS ROAD, SECTION 3: “KRASNYSTAW PÓŁNOC” JUNCTION (“KRASNYSTAW I”) WITH THE JUNCTION – “IZBICA” JUNCTION (“TARZYMIECHY”) WITH THE JUNCTION”.
The aforementioned information does not mean selecting the bid of Budimex S.A. as the most advantageous one, because the procedure concerning the bid evaluation has not yet been finally completed.
Bid value: PLN 781,745,752.00 net
Works commencement date: from the date of contract conclusion by both parties
Works completion date: 39 months from the date of contract execution (the implementation time does not include winter periods)
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: within 30 days of the date of delivery of VAT invoices to the Employer, issued for the amounts certified in Payment Certificates
Bank performance bond: 10% of the Accepted Gross Contract Amount
Maximum amount of contractual penalty paid by the Contractor: 20% of the Accepted Net Contract Amount
The Employer reserves the right to demand supplemental damages in excess of 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 196,030 thousand net.
