Budimex.pl

Current report no 47 / 2019

Date: July 9, 2019 4:54 PM

“Adaptation of the infrastructure of the ferry terminal in Świnoujście to handle intermodal transport” - the bid of Budimex SA evaluated the highest

The Management Board of Budimex S.A. announces that on 09.07.2019 Szczecin and Świnoujście Seaports Authority S.A. informed the Company that its bid had been evaluated the highest in the tender for “Adaptation of the infrastructure of the ferry terminal in Świnoujście to handle intermodal transport”.

 

The aforementioned information does not mean selecting the bid of Budimex S.A. as the most advantageous one, because the procedure concerning the bid evaluation has not yet been finally completed.

 

Bid value: PLN 185,220,222.00 net

 

Works commencement date: the date of the Contract conclusion by both Parties

 

Works completion date: 30.11.2021

 

Guarantee period: 60 months

 

Statutory warranty period: 60 months

 

Advance payment: none

 

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 value

 

Maximum amount of contractual penalty paid by the Contractor: 20% of the Accepted Contract Amount

 

Maximum amount of contractual penalty paid by the Ordering Party: 10% of the Accepted Contract Amount if the Contractor withdraws from the contract for reasons attributable to the Ordering Party

 

If the contractual penalties are insufficient to cover total loss, the Ordering Party will have the right to claim damages in the full amount.

 

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

 

The bid value exceeds the threshold of PLN 147,743 thousand net.

 

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Shareholdership structure as on 17.05.2019

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