The subject of the contract is the implementation of the task entitled: Selection of a bank for granting and servicing a long-term loan up to PLN 15,451,280.44 (in words: fifteen million four hundred fifty one thousand two hundred and eighty zlotys 44/100)
to finance the planned budget deficit of the Tomaszów Poviat and repayment of previously incurred liabilities. The Ordering Party reserves the right to take out a loan in an amount lower than specified in this order and to repay the loan early, without incurring additional costs.
The subject of the contract is the implementation of the task entitled: Selection of a bank for granting and servicing a long-term loan up to PLN 15,451,280.44 (in words: fifteen million four hundred fifty one thousand two hundred and eighty zlotys 44/100)
to finance the planned budget deficit of the Tomaszów Poviat and repayment of previously incurred liabilities. The Ordering Party reserves the right to take out a loan in an amount lower than specified in this order and to repay the loan early, without incurring additional costs.
1) Planned date to take out a loan – November 2023.
2) The Contractor is obliged to start the credit by successively transferring funds
in tranches, on written instructions of the Ordering Party, consisting of ....... one day in advance (the date of disbursement of the loan, loan tranches, is a criterion for evaluating offers). The loan will be launched no later than by 31.12.2023.
3) The Contractor will not charge commissions for the launch of the credit and the commissioning of individual tranches.
4) The Contracting Authority reserves the possibility of not using the full amount of the loan granted. The Contracting Authority shall not allow the contractor to charge any additional bank fees and commissions on the unused part of the credit.
5) Grace period for repayment of loan principal installments: until April 2024.
6) Projected loan repayment:
(a) from May 2024 to March 2043. in 228 equal monthly installments of PLN 67,768.00,
b) and the last equalizing installment in the amount of PLN 67,944.44 payable by 30 April 2043.
7) Credit installments payable at the time of interest payments — until the last business day of each month.
8) Interest accrued in monthly interest cycles in accordance with applicable interest rates. The actual number of days occurring in a given year shall be taken to calculate the amount of interest.
9) Interest accrued on the loan actually taken out on the outstanding amount of debt.
10) Interest repayment will occur from the date of the loan launch.
11) For the purposes of comparison of offers:
- offer price (loan cost) should be calculated based on WIBOR 1 M rate
of 28.07.2023r. amounting to 6.85%,
- it is assumed that the loan will be launched once on 02.11.2023.
12) Form of collateral credit - promissory note in blanco. The Treasurer will not file countersignates on the promissory note in blanco. The Treasurer's countersign will be made on the credit agreement and on the promissory statement.
13) The Contracting Authority shall not permit the security of repayment of the loan in the form of a declaration of execution in the mode of Art.777 k.p.c.
14) The Contracting Authority reserves the right to make early repayment of the principal before the end of the loan period, i.e. before the end of April 2043, as well as the possibility of repayment of the capital in installments and dates other than those presented in the repayment schedule, with the proviso that early repayment of the capital requires prior notification to the Contractor. For the above activities, the Contractor will not charge additional fees or commissions.
15) The Contracting Authority reserves the possibility of extending the repayment period of the loan without incurring fees and commissions.
1) A detailed description of the object of the contract and the conditions of its implementation are also described in the Significant provisions of the contract.