Current report no 54 / 2012

Current report no 54 / 2012 - 3 September 2012 / 00:00

Development of the Zagórz-Komańcza voivodeship road - information about the selection of the offer by Budimex SA

The Management Board of Budimex SA reports that on 3 September 2012 it received a letter announcing that the offer by Budimex SA had been selected by the Voivodeship Roads Board of Podkarpacie in Rzeszów in the proceedings for public procurement in the form of an open tender for the “Development of voivodeship road no. 892: Zagórz–Komańcza”.

  • Value of the offer: PLN 96,862,567.46 net
  • Commencement date: 30 days from the date of concluding the contract
  • Deadline: 30 September 2013
  • Guarantee period: 60 months (including 12 months for horizontal markings)
  • Financial terms and conditions:
    • Payment: 30 days from the date of delivering the invoice to the Contracting Authority
    • Bank guarantee for good performance: 4% of the gross contract value
  • Penalties paid by the Contractor:
    • 0.5% of the gross contract value for each day of delay in commencing the works, but not more than 50% of the gross contract value in total
    • 0.5% of the gross contract value for each day of delay in the performance of the works, but not more than 50% of the gross contract value in total
    • 0.1% of the gross contract value for each day of delay in providing post-construction documentation
    • 0.3% of the gross contract value for non-performance of the works in the amount specified in the financial schedule approved for a given year
    • 0.5% of the gross contract value for each day of delay in removing defects, but not more than 50% of the gross contract value in total
    • Up to 100% of the gross value of an element plus demolition costs in the event of defects decreasing a functional value that cannot be removed
    • 10% of the gross contract value for contract termination for reasons attributable to the Contractor
  • Penalties paid by the Contracting Authority:
    • 10% of gross contract value for contract termination for reasons attributable to the Contracting Authority
  • If the value of the damage exceeds the stipulated penalties, the Contracting Authority shall have the right to claim compensation on general terms

The value of the contract exceeds 10% of the equity of Budimex SA.