Budimex.pl

Current report no 13 / 2019

Date: March 15, 2019 1:36 PM

Execution of works involving modernisation of railway line No 7 along the Dęblin – Nałęczów section between km 107.283 and km 146.320 (originally LOT C – Dęblin – Lublin Section) – Selection of Budimex SA’s bid

The Management Board of Budimex S.A. informs that on 15 March 2019 Budimex S.A. received a letter from the Ordering Party – PKP Polskie Kolejowe S.A. informing about the selection of a bid in the public contract award procedure negotiated without publication entitled: Execution of works involving modernisation of railway line No 7 along the Dęblin – Nałęczów section between km 107.283 and km 146.320 (originally LOT C – Dęblin – Lublin Section) as part of the project entitled: “Works on railway line No 7 Warszawa Wschodnia Osobowa – Dorohusk, along the section Warszawa – Otwock – Dęblin – Lublin, Phase I”

 

The information that our bid was rank the highest was published on 28 February 2019 in current report No 11/2019.

 

Bid net value: PLN 616,417,320.26

 

Works commencement date: the day after the day on which the Contract is signed by the other Party

 

Works completion date: not later than by 31 October 2020

 

Guarantee period: 72 months

 

Warranty period: 72 months

 

Advance payment: not applicable

 

Payment terms: 30 days from the day of delivery of a correct VAT invoice to the Ordering Party by the Contractor

 

Bank performance bond: 10% of the total gross price

 

The maximum value of contractual penalty to be paid by the Contractor: 30% of the Accepted Contract Value less the Conditional Amount and replacement transport costs

 

Contractual penalties payable by the Contractor do not deviate from market standards.

 

Payment of a contractual penalty does not prejudice the Ordering Party’s right to seek damages exceeding liquidated damages provided for in the contract, in accordance with general principles, including those resulting from the loss of EU funding, if the loss of this funding was for reasons attributable to the Contractor.

 

Other terms and conditions of the contract do not differ from the market standards.

 

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

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