Law News

Valorisation of new infrastructure contracts every month

The General Directorate for National Roads and Motorways (GDDKiA) and PKP Polskie Linie Kolejowe (PKP PLK) in cooperation with the General Prosecutor’s Office of the Republic of Poland, the Central Statistical Office (GUS), the Public Procurement Office (UZP) and the Centre for EU Transport Projects (CUPT) presented proposals concerning the valorisation of new contracts which, under the supervision of the Ministry of Infrastructure, have been developed in recent months.They assume that the valorisation of the contracts will take place every month and will be settled on the basis of real-world construction works, together with a transitional certificate of payment.

Its amount will amount to maximum 5% of the contract value and will be calculated on the basis of objective macroeconomic indicators published by the Central Statistical Office. Based on this data, the so-called valorisation baskets will be developed, which will be separate for road and rail contracts. During the process of creating baskets, the following indices will be taken into account: fuel, steel and aggregate production prices, as well as the average salary of employees in the sector and inflation.

Efficient execution of infrastructural investment contracts is not possible without a proper contract policy, and the presented ideas for valorisation were very much awaited by the entire construction industry, stressed Andrzej Adamczyk, head of the infrastructure ministry. In his opinion, the proposals of GDDKiA and PKP PLK are an expression of care to ensure that the modernization of Polish roads and railways can proceed smoothly and without disturbances.

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