Poland - Credit granting services
For more information and to make a bid you will need to go to the third party website.
Details
Provided by- Opportunity closing date
- 04 December 2019
- Opportunity publication date
- 01 November 2019
- Category
- 66113000
- Value of contract
- to be confirmed
- Your guide to exporting
Description
The subject of the contract is granting a long-term bank loan to finance the planned deficit and repayment of previously contracted liabilities of the budget of the Municipality of Inowłódz in 2019 to the amount of PLN 7,691,144.00.2. The Principal reserves the right to reduce the amount of the loan granted.3. The Ordering Party shall each time determine the amount of the credit tranche and the date of its disbursement. Disbursement of individual credit tranches shall take place after the Ordering Party submits a written payment instruction, without submitting a separate credit application to be considered. The maximum number of days for the loan disbursement is 4.4. The planned date of taking out the loan is 20.12.2019. The loan will be disbursed in no more than 3 tranches.5 The Principal reserves the right not to charge the full amount of the loan. The Ordering Party does not allow the Contractor to charge any additional bank fees and commissions on the unused part of the loan. In such a case, the Contractor shall not charge the Principal with the costs of the loan not collected.6. Without commission.7. The cost of the loan shall consist exclusively of interest resulting from the variable interest rate WIBOR and fixed margin.8. The loan shall be repaid in the years 2020-2035 in monthly installments payable on the last working day of the month, starting from 31.3.2020 until 31.12.2035.9.Credit repayment schedule: Year 2020 - 50,000.00 PLN x 4 months (31.3; 31.5; 30.9; 30.11) = 200,000.00 PLN Year 2021 - 50,000.00 PLN x 5 months (31.3; 30.6; 31.7; 30.9; 30.11) = 250,000.00 PLN Year 2022 - 50,000.00 PLN x 3 months (31.3; 31.5; 30.9) = PLN 150,000.00 Year 2023 - x - = - Year 2024 - x - = - Year 2025 - x - = - Year 2026 - 50,000.00 PLN x 5 months (31.3, 30.6, 31.7, 30.9, 30.11) = PLN 250,000.00 Year 2027 - 50,000.00 PLN x 6 months (28.2, 30.4, 30.6, 31.8, 31.10, 31.11).12) = 300 000,00 PLN Year 2028 - 60 000,00 PLN x 12 months = 720 000,00 PLN Year 2029 - 70 000,00 PLN x 12 months = 840 000,00 PLN Year 2030 - 70 000,00 PLN x 12 months = 840 000,00 PLN Year 2031 - 90 000,00 PLN x 12 months = 1 080 000,00 PLN Year 2032 - 70 000,00 PLN x 12 months = 840 000,00 PLN Year 2033 - 70 000,00 PLN x 12 months = 840 000,00 PLN Year 2034 - 70 000,00 PLN x 12 months = 840 000,00 PLN Year 2035 - 45 000,00 PLN x 11 months = 495 000,00 PLN, 46 144,00 PLN x 1 month (31.12) = 46 144,00 PLN Total: 7,691,144.00 PLN10. The base interest rate will be based on the WIBOR 1M rate increased by the Contractor's margin.11 The Contractor's margin is fixed during the term of the agreement.12 The credit interest rate constitutes the cost of the credit.13 It is permissible to change the repayment of the credit by reducing or increasing it depending on the calculated individual debt repayment ratio in accordance with Article 243 of the Act on Public Finance or for other reasons, and in particular in the event of a change in legal regulations affecting the individual debt ratio of the self-government unit. The Ordering Party reserves the right to repay the loan in full or in part without any additional fees or commissions (in such case the loan repayment schedule and deadline shall be changed).15. Interest for the period from the loan disbursement date to the end of the entire financing period shall be paid on a monthly basis, on the last business day of each month to which it relates. Interest for the entire financing period should be calculated using the method based on the actual number of days in individual months and the actual number of days in the year, i.e. 365 or 366.16. The loan will be secured with a blank promissory note issued by the Ordering Party together with a promissory note declaration.
- Opportunity closing date
- 04 December 2019
- Value of contract
- to be confirmed
About the buyer
- Address
- Gmina Inowłódz ul. Spalska 2 Inowłódz 97-215 Poland
- Contact
- zamowienia@inowlodz.pl
The deadline to apply for this opportunity has passed.
Visit the
opportunities page
to find another.