Continuation of the design and construction of the Zabierzów bypass along National Road 79 - signing of the contract
The Management Board of Budimex S.A. announces that on 21 July 2023, the contract has been signed between the General Directorate for National Roads and Motorways, Branch in Kraków and Budimex S.A in the tender procedure for: Continuation of the design and construction of the Zabierzów bypass along National Road 79.
The information that our bid was rated the highest in the tender procedure and selected as the most advantageous one was published on 09 February 2023 in the current report no. 10/2023 and 14 June 2023 in the current report no. 40/2023.
Contract value: PLN 549,429,195.00 net
Contract commencement date: from the date of signing the contract
Works completion date: 37 months from the date of signing the contract
The completion time does not include winter periods.
The winter period lasts from 16 December to 15 March and is counted as three months.
Guarantee period for the main works: 15 years
Warranty period: 60 months from the date indicated in the Work Acceptance Certificate
Advance payment: maximum 10% of the Accepted Gross Contract Amount
Payment terms: up to 30 days from the day of delivery of a correct VAT invoice to the Ordering Party by the Contractor
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 Ordering Party 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 contract value exceeds the threshold of PLN 172,381 thousand net.