Poland - Credit granting services

Description

The subject of the contract is the service of granting a long-term loan to finance the planned budget deficit of the Municipality of Radom in 2020. Contract term: until 15.12.2030. A detailed description of the subject matter of the contract is provided in the ToR.
The subject matter of the contract is the service of granting a long-term credit in the amount of PLN 45,200,000.00 from the abovementioned amount to finance the planned budget deficit of the Municipality of Radom in 2020.2 The credit period: years 2020-2030.3 The credit will be drawn in one tranche within 7 days from the date of the agreement.4. The credit shall be repaid in quarterly instalments payable by the 15th day of the last month of each quarter on the following dates and amounts: - by 15.12.2021 - 4 instalments in the amount of - PLN 2,500,000.00 each,- by 15.12.2022 - 4 instalments in the amount of - PLN 2,000,000.00 each,- by 15.12.2023 - 4 instalments in the amount of - PLN 2,000,000.00 each,- by 15.12.2025 - 4 instalments in the amount of - PLN 500,000.00 each,- by 15.12.2026 - 4 instalments in the amount of - PLN 250,000.00 each,- until 15.12.2027 - 4 instalments in the amount of - PLN 250,000.00 each,- until 15.12.2028 - 4 instalments in the amount of - PLN 1,250,000.00 each,- until 15.12.2029 - 4 instalments in the amount of - PLN 1,250,000.00 each,- until 15.12.2030 - 4 instalments in the amount of - PLN 1,300,000.00 each.5Interest shall be paid in quarterly instalments payable by 15.3, 15.6, 15.9, 15.12 in the years 2021-2030 starting from the quarter following the quarter in which the loan was drawn. The last interest installment will be paid together with the last planned capital installment.6. The amount of used credit bears interest on an annual basis, at a variable interest rate. Interest rate. The reference rate is WIBOR 3M from the last working day of the month preceding the interest period, for which the interest rate is set.8 For the purposes of offer evaluation, it is assumed, that WIBOR 3M amounts to 0,22%.9 The bank's margin is fixed in the contracted loan period.10To calculate the interest amount, the actual number of days in each quarter is assumed in relation to the actual number of days in a year (365/365 and 366/366 in a leap year).11. The bank shall not charge the borrower any other fees and commissions related to the granting and servicing of the loan.12. Zam. reserves the right to early repayment of the whole or part of the loan by the Ordering Party on dates convenient for it, after prior notification to the Contractor of the intention to make a repayment within 3 days before it is made. In such a situation, interest on the loan shall be calculated exclusively on the current debt and for the actual period of its occurrence, and the Ordering Party shall not bear any fees and commissions on this account for the benefit of the Contractor. In such cases, the parties shall establish a new repayment schedule.13. Zam. reserves the right to change the repayment schedule, without charging additional fees and commissions to the Contractor. In such cases the parties shall establish a new repayment schedule in the form of an annex to the contract.14. The only credit protection will be a blank promissory note together with a promissory note declaration countersigned by the Treasurer of GM Radom. A detailed description of the order beforehand can be found in the ToR (due to lack of possibility to include all the information in this announcement due to limited number of characters).2. Other information1) Zam. does not provide for orders referred to in art. 67 par. 1 item 6 of the Act PPL.2) In this case the progress. of communication between Zam. and Wyk. is made using the mini Portal https://miniportal.uzp.gov.pl, ePUAP: https://epuap.gov.pl/wps/portal, https://obywatel.gov.pl/ nforms/orders and e-mail.3) Zam. reserves the right to use the condition of invalidation of the procedure, contained in art. 93 par. 1a of the PPL Act - the Contracting Authority may invalidate the contract award procedure if the funds which the Contracting Authority intended to allocate for financing the whole or part of the contract have not been allocated to it (...).4) The Contracting Authority does not provide for: conducting an electronic auction, establishing a dynamic purchasing system, concluding a framework agreement, awarding advance payments for contract performance.

Opportunity closing date

24 November 2020

Value of contract

to be confirmed