Budimex.pl

Current report no 41 / 2017

Date: May 30, 2017 5:11 PM

Selection of the tender of Budimex SA as the winning tender in the tender procedure for the “Construction of a gas-fired generating unit for blast furnace gas and natural gas with a total electrical capacity of 55 MW”

The Management Board of Budimex reports that on 30 May 2017 it was informed by TAMEH POLSKA Spółka z o.o. that the tender of Budimex SA was the winning tender in the tender procedure for the “Construction of a gas-fired generating unit for blast furnace gas and natural gas with a total electrical capacity of 55 MW. Stage 2. Construction of a steam turbine generator with balance of plant equipment at the ZW Kraków plant”.

 

Contract price: PLN 125,680,000.00 (excluding VAT).

 

Work commencement date: running from the date on which both parties execute the contract.

Work completion date: 1 June 2019.

Basic guarantee period: 24 months.

 

Guarantee period for the following: civil structures (reinforced concrete and steel structures of buildings, platforms, staircases and catwalks), foundations for rotating machinery, reinforced concrete and steel structures of equipment, chemical-resistant lining and corrosion protection, refractory materials and fireproofing of the structural members of buildings and other structures and thermal and noise insulation of buildings and other structures – 60 months.

 

Advance payment: 10% of the contract price (including VAT).

Payment terms: 45 days from the delivery of a correct invoice to the Contracting Authority.

Bank performance bond for the construction period: 10% of the contract price (including VAT).

Maximum liquidated damages that may be charged to the Contractor: 35% of the contract price (excluding VAT).

The Contracting Authority is entitled to seek additional damages.

 

The maximum total liability of the Contractor to the Contracting Authority arising from any claims under the Contract (including claims for liquidated damages) is limited to 100% of the contract price (excluding VAT) – this does not include the liquidated damages to be paid by the Contractor upon breach of the internal regulations of the Contracting Authority or ArcelorMittal Poland S.A.

 

The tender price exceeds the threshold of PLN 111,446.

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Shareholdership structure as on 17.05.2019

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