AVAX S.A.
P R E S S R E L E A S E
J&P-AVAX SA signed on 04.11.2009 with Poland?s General Directorate of National Roads & Highways the contract for the design & construction of "MOTORWAY A4 RZESZOW - KORCZOWA, SECTION RADYMNO ? KORCZOWA 647+455 - 668+837", budgeted at euro 156.5 million excl. VAT.
The tender was conducted in two phases. J&P-AVAX prequalified in the first phase and contested the project against large international constractors, including EUROVIA-WARBUD, MOTA-STRABAG, BUDIMEX-FERROVIAL, MOSTOSTAL-ACCIONA, AUTOSTRADA WSCHODNIA-ALPINE-ERBUD, DTP TERRASSEMENT, DRAGADOS-POL AQUA, SANDO, POLYMEX MOSTOSTAL-DOPRΑSTAV. J&P-AVAX was declared Lowest Bidder in the second phase of the tender.
The road to be built lies on the SouthEastern part of Poland and is the last section of Motorway A4, which runs through the entire country, before the border with Ukraine.
The contract pertains to the design and construction of a section of Motorway A4 between Radymno and Korczowa at the border with Ukraine, stretching 21.38km with two lanes plus one emergency in each carriageway, to highway standards. The final 4.5km section will be originally built with three lanes plus one emergency in each direction, while the remainder of the road will be upgradeable to those lane standards for future expansion.
Works include one junction, 21 bridges with a total surface of 45,100 sq.m. and total length of 1,740 metres, and two rest areas. The project deadline is 30 months.
The new project comes on the back of six contracts, either in progress or completed, signed by the Company since May 2005 as part of its foray into the Polish market. Including the new contract, J&P-AVAX's work-in-hand in Poland exceeds euro 450 million, excl. VAT.
The tender was conducted in two phases. J&P-AVAX prequalified in the first phase and contested the project against large international constractors, including EUROVIA-WARBUD, MOTA-STRABAG, BUDIMEX-FERROVIAL, MOSTOSTAL-ACCIONA, AUTOSTRADA WSCHODNIA-ALPINE-ERBUD, DTP TERRASSEMENT, DRAGADOS-POL AQUA, SANDO, POLYMEX MOSTOSTAL-DOPRΑSTAV. J&P-AVAX was declared Lowest Bidder in the second phase of the tender.
The road to be built lies on the SouthEastern part of Poland and is the last section of Motorway A4, which runs through the entire country, before the border with Ukraine.
The contract pertains to the design and construction of a section of Motorway A4 between Radymno and Korczowa at the border with Ukraine, stretching 21.38km with two lanes plus one emergency in each carriageway, to highway standards. The final 4.5km section will be originally built with three lanes plus one emergency in each direction, while the remainder of the road will be upgradeable to those lane standards for future expansion.
Works include one junction, 21 bridges with a total surface of 45,100 sq.m. and total length of 1,740 metres, and two rest areas. The project deadline is 30 months.
The new project comes on the back of six contracts, either in progress or completed, signed by the Company since May 2005 as part of its foray into the Polish market. Including the new contract, J&P-AVAX's work-in-hand in Poland exceeds euro 450 million, excl. VAT.