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 rated highest
The Management Board of Budimex S.A. announces that on 28 August 2023, the Consortium comprising BUDIMEX S.A. (Consortium Leader) and Victor Energy Sp. z o.o. (Consortium Partner) was informed by PKP Polskie Linie Kolejowe S.A. that its bid had been ranked highest in the tendering procedure entitled: 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 aforementioned information does not mean selecting the Consortium bid as the most advantageous one, because the procedure concerning the bid evaluation has not yet been finally completed.
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.
