Poland – Credit granting services – Udzielenie kredytu długoterminowego do kwoty 5 000 000zł

The subject of the order is to provide a long-term loan of 5 000 000 zł for financing the planned budget deficit of the municipality for the year 2026. Quality requirements relating to all essential features of the subject of the order: 1. Provisions regarding the provision of funds to the Orderer. The contractor will provide the borrower with funds from the date of signing the contract (but not earlier than after the Orderer has established legal security for the loan) until 31.12.2026. 2. Provisions regarding disbursements. 1) The loan will be disbursed within three business days from the date of the order. 2) Funds from the loan will be disbursed to the account of the municipality of Gogolin. 3) For the calculation of the offered price, it is necessary to assume the disbursement of the loan on 30 November 2026. 3. Provisions regarding repayment. Capital repayments will be made on the following dates and amounts: 29 September 2031 in the amount of 1 000 000 zł; 29 November 2031 in the amount of 950 000 zł; 29 September 2032 in the amount of 2 000 000 zł; 29 September 2033 in the amount of 1 050 000 zł. Repayment of interest on the loan will be made monthly, by the 10th of each month from the current revenues of the municipality of Gogolin – property tax. The contractor will be obliged to inform the Orderer of the amount of interest repayment no later than 5 business days before the contractual repayment date. If the interest or capital repayment date falls on a non-working day, it is assumed that the payment date is met if the funds are credited to the loan account on the first business day after the payment date. The interest rate for a given interest period will be set based on the WIBOR 1M rate from the last day of the month preceding each interest period, increased by the bank's margin. The WIBOR 1M rate (for calculating the offer price) should be taken from 09.11.2026 (3.83%). The Contractor's margin is fixed for the entire loan period. The first interest period is counted from the date of loan disbursement and ends on the last day of the given month. Interest will be paid by the 10th of the following month, after the end of the interest period. For the calculation of interest, it is assumed that the year has 365 days. 4. Interest: The amount of the utilised loan will be interest-bearing at an annual rate according to the variable interest rate. 5. Bank fees and commissions. The bank will not charge any other fees and commissions for granting, servicing and repayment of the loan, including early repayment of the loan, other than the interest rate specified in point 4. 6. Other provisions. The possibility of not using the full loan amount is reserved. The possibility of early full or partial repayment of the loan is reserved, after prior written notification to the Contractor. In the event of partial use of the loan, the repayment schedule will be changed proportionally, without changing the repayment period. The loan repayment will be secured by a blank promissory note together with a promissory note declaration. In the event that the base rate is negative, the base rate is assumed to be 0.00%.