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The Warsaw Voice » Business » May 28, 2014
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Budimex places winning bid for link in S5 highway
May 28, 2014   
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Builder Budimex, in consortium with Heilit+Woerner, placed the winning bid at PLN 468.5 million net in a tender for construction of a 15-km link in the S5 Poznan – Wroclaw highway, in western Poland, Budimex said in a market filing.

Both partners hold a 50% stake in the consortium, the filing read.

The consortium will receive a downpayment of 1-5% of the gross value of the contract.

The builders have 30 months to conclude construction works, excluding the winter periods (between December 15 and March 15)
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