Poland – Credit granting services – Udzielenie kredytu na sfinansowanie planowanego deficytu budżetu w kwocie 5.000.000 zł.

The subject of the contract is the granting of a loan to finance the planned budget deficit in the amount of 5,000,000 PLN. The interest rate on the loan should be based on the WIBOR 3M index applicable on 8 July 2026 plus the bank's margin for the subject loan. For the purpose of determining the bid price, it is assumed that the loan will be fully utilised on 3 September 2026. This date is given only for the purpose of calculating the bid price. The contracting authority reserves the right to use the loan in any amounts, terms and transactions based on the contracting authority's payment order until 31 December 2026. The contracting authority has the right to use the loan in a lower amount without incurring additional costs. The loan agreement must include a grace period for loan repayment until 30 March 2027. The loan will be repaid in quarterly instalments at the end of each quarter. The first loan instalment will be due by 31 March 2027. The capital instalments will be: In 2027 – 4 instalments of 25,000 PLN each, in 2028 – 4 instalments of 25,000 PLN each; in 2029 – 4 instalments of 25,000 PLN each; in 2030 – 4 instalments of 25,000 PLN each; in 2031 – 4 instalments of 25,000 PLN each; in 2032 – 4 instalments of 25,000 PLN each; in 2033 – 4 instalments of 25,000 PLN each; in 2034 – 4 instalments of 25,000 PLN each; in 2035 – 4 instalments of 50,000 PLN each, in 2036 – 4 instalments of 500,000 PLN each, in 2037 – 4 instalments of 500,000 PLN each. The final capital instalment will be due by 31 December 2037. Interest will be calculated on the actual loan debt and paid quarterly by the 10th day of the month following the relevant quarter. The first interest payment will be due by 9 October 2026 (in case the loan is utilised in Q3 2026). Interest on the final loan instalment will be paid on the due date of the final capital instalment. The contracting authority specifies a blank bill of exchange with a bill of exchange declaration without the treasurer's countersignature as the form of security for loan repayment. The contracting authority reserves the right to prepay the loan without incurring any additional costs. The contracting authority reserves the right to, in the event of early loan repayment, calculate interest up to the date of loan repayment and not until the end of the contract without compensatory commission. The contracting authority reserves the right to extend the loan period and to change the amount of capital instalments during the loan repayment period depending on the financial condition of the Municipality. The contracting authority reserves the right to convert the loan without additional charges in case Poland joins the eurozone. Documents related to the subject of the contract, such as reports, resolutions, and information on municipal property, are available on the contracting authority's website in BIP, in the relevant tabs.