Budimex.pl

Current report no 27 / 2019

Date: April 24, 2019 4:15 PM

“Construction of a pipeline connecting the transmission systems of the Republic of Poland and the Slovak Republic– the Strachocina pipeline – Polish border” – selection of the bid of the consortium comprising Budimex S.A. and Mostostal Kraków S.A.

The Management Board of Budimex SA announces that on 24.04.2019 it was informed by Gas Transmission Operator GAZ-SYSTEM S.A., ul. Mszczonowska 4, 02-337 Warsaw about the selection of the bid of the consortium comprising Budimex S.A. (leader: 94.46% share in the consortium) and Mostostal Kraków S.A. (partner: 5.54% share in the consortium) as the most advantageous in the tender procedure: “Construction of a pipeline connecting the transmission systems of the Republic of Poland and the Slovak Republic, including the infrastructure necessary for its operation – the Strachocina pipeline – Polish border”.

 

Bid value: PLN 521,479,055.00 net.

 

Works commencement date: from the Contract date

 

Works completion date: 31 months from the Contract date

 

Guarantee period: 36 months

 

Statutory warranty period: 36 months

 

Advance payment: PLN 60,000,000.00

 

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 remuneration

 

Maximum amount of contractual penalty paid by the Contractor: 20% of the net remuneration 

 

Contractual penalties paid by the Contractor do not deviate from market standards

 

The Ordering Party has the right to claim supplementary compensation exceeding the amount of contractual penalties stipulated in the Contract, in accordance with the general principles of the Civil Code.

 

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

 

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

Shareholders
( more )

Shareholdership structure as on 30.06.2018

GPWKNFRespect IndexSEGWIG Budownictwo
I understand

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