Budimex.pl

Current report no 19 / 2018

Date: April 11, 2018 2:29 PM

Selection of Budimex SA’s bid by KGHM Polska Miedź SA

The Management Board of Budimex SA announces that on 11 April, KGHM Polska Miedź SA selected the bid of Budimex SA as the most advantageous one in the tender for Construction of the Southern Section of Żelazny Most Waste Treatment Facility - Stage I (Phase 1,2,3).

 

Bid value: PLN 578,000,000 net

 

Works commencement date: counted from the date of the Ordering Party’s obtaining of a construction permit

 

Works completion date: 31 December 2021

 

Guarantee period: 60 months

 

Statutory warranty period: 60 months

 

Advance payment: none

 

Payment terms: 60 days from the date of a correctly issued invoice by the Contractor

 

Performance bond: 5% of gross remuneration

 

Contractual penalties: the total value of contractual penalties due for the Ordering Party shall not exceed 10% of the Accepted Gross Contract Amount

 

Bond for the guaranty and statutory warranty period – 30% of the performance bond amount

 

The Ordering Party reserves the right to demand supplemental damages in excess of contractual penalties up to the amount of the actual loss that was incurred. The Parties reserve the right to claim damages in excess of the stipulated contractual penalties, or damages arising from events for which no contractual penalties have been stipulated, on general terms.

 

The bid value exceeds the threshold of PLN 127,386 thousand net.

Shareholders
( more )

Shareholdership structure as on 17.05.2019

GPWKNFRespect IndexSEGWIG Budownictwo
I understand

This site uses cookies, so that might work better. Read about cookies at Website Privacy Policy