DESIGN AND CONSTRUCTION OF THE S17 PIASKI – HREBENNE EXPRESSWAY, SECTION NO. 3: "KRASNYSTAW PÓŁNOC" JUNCTION ("KRASNYSTAW I") WITH THE JUNCTION – "IZBICA" JUNCTION ("TARZYMIECHY") WITH THE JUNCTION – Budimex S.A.'s offer rated the highest
The Management Board of Budimex S.A. informs that on 07.05.2024. The General Directorate for National Roads and Motorways, Lublin Branch, informed the Company that its offer was evaluated the highest in the tender procedure entitled: DESIGN AND CONSTRUCTION OF THE S17 PIASKI – HREBENNE EXPRESSWAY, SECTION NO. 3: “KRASNYSTAW PÓŁNOC” (“KRASNYSTAW I”) JUNCTION WITH THE “IZBICA” (“TARZYMIECHY”) JUNCTION WITH THE “TARZYMIECHY” JUNCTION.
The above does not mean that Budimex S.A.’s bid was selected as the most advantageous, as the bid evaluation procedure has not been finally completed.
Offer value: PLN 781,745,752.00 net
Date of commencement of works: from the date of conclusion of the contract by both parties
Date of completion of works: 39 months from the date of conclusion of the contract (winter periods are not included in the time of completion of works)
Warranty period for major works: up to 15 years
Warranty period: 60 months from the date indicated in the Takeover Certificate
Down payment: from 1% to 10% of the Accepted Gross Contract Amount
Payment terms: up to 30 days from the date of delivery to the Ordering Party of VAT invoices issued for the amounts certified in the Payment Certificates
Performance bank guarantee: 10% of the Accepted Gross Contract Amount
Maximum value of contractual penalty paid by the Contractor: 20% of the Accepted Net Contract Amount
The Ordering Party reserves the right to demand supplementary compensation transferring the amount of contractual penalties to the amount of the actual damage suffered, arising or likely to arise in connection with non-performance or improper performance of the contract by the Contractor.
Other contractual conditions do not deviate from market standards.
The value of the offering exceeds the threshold of 196,030 thousand. PLN net.
