Poland: Budimex signs Olsytyn city ring-road contract

Budimex has signed a contract worth more than €214.3 million for construction of the second section of Olsztyn's ring-road. The section will be around 14.7km long and will be completed within 28 months. The bid by Budimex was the fourth lowest offer in the tender, as announced by the Polish General Directorate for National Roads and Motorways (GDDKiA).
April 4, 2016 Read time: 1 min

3302 Budimex has signed a contract worth more than €214.3 million for construction of the second section of Olsztyn's ring-road.

The section will be around 14.7km long and will be completed within 28 months.

The bid by Budimex was the fourth lowest offer in the tender, as announced by the Polish General Directorate for National Roads and Motorways (1361 GDDKiA).

Finance & Funding

For more information on companies in this article

Related Content

  • Budimex consortium win Poland’s Ostroda ringroad court case
    March 18, 2015
    A district court in the Polish town of Olsztyn has ruled in favour of a consortium of Budimex and Ferrovial Agroman which challenged the awarding of a ringroad contract to a rival. The ruling means that the Salini consortium’s winning bid for the construction of a ringroad around Ostroda is overturned on the basis that it was ineffectually low. This means that the contract will go to the Budimex consortium which proposed to build the road for around €223 million. Polish builder Budimex is the consortium's m
    Read More
  • Budimex fears the return of a price war in Polish road market
    May 7, 2015
    Major Polish construction company Budimex has said that only one out of its 15 road tender bids submitted this year to the Polish General Directorate for National Roads and Motorways (GDDKiA) has had the lowest price. In 2014, its bidding effectiveness stood at one in four. Budimex said it is concerned that a price war is returning to the Polish construction market. Differences in the prices proposed by bidders are huge and that prices offered by its rivals are too low and are unrealistic. It has b
    Read More
  • Healthy bidding for Poland's highway construction
    May 14, 2012
    Bidding is healthy for a section of dual carriageway in Poland linking Kurow with Lublin. The section is 60km long and has been divided by the Polish General Directorate for National Roads and Motorways (GDDKiA) into five separate bids.
    Read More
  • Poland plans promise projects
    July 6, 2012
    The Polish General Directorate for National Roads and Motorways (GDDKiA) plans to announce over 30 tenders for road investments during the first half of 2009. GDDKiA's budget for 2009 is estimated at €7.68 billion. Among others, a tender will be called for the construction of a ring road around the Polish town of Krasnik and for the construction of the S19 road from Miedzyrzec Podlaski to Lubartow, which will also include the construction of two ring roads around Kocek and around Wola Skromowska. GDDKiA is
    Read More

Highlighted Content