Current report no 64 / 2012

Current report no 64 / 2012 - 4 October 2012 / 00:00

Construction of a new runway for “Katowice” Airport in Pyrzowice - notice of the selection of the Budimex SA bid

The Management Board of Budimex SA announces that on 4 October 2012 it received a letter concerning the selection of Budimex SA’s bid in the limited tender procedure for the “Building works involving the construction of a new runway and the necessary infrastructure at the International Katowice Airport in Pyrzowice, executed as part of the task: Airport in Katowice: expansion and modernisation of the airport infrastructure”.

  • Value of the contract: PLN 121,625,981.91 net
  • Commencement date: 30 days from the date the Contract becomes effective
  • Deadline: 30.09.2014
  • Guarantee period: 60 months
  • Financial terms and conditions:
    • Payment: 60 days from the delivery of the invoice to the Contracting Authority
    • Performance bond: 10% of the gross contract value
  • Maximum penalties paid by the Contractor: 10% of the net contract value
  • If the value of the damage exceeds the contractual 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..