1. The subject of the public procurement is the granting and servicing of a long-term loan in the amount of up to PLN 5,300,000.00 to finance the planned deficit in 2023 in connection with the implementation of investment tasks in the Municipality and to repay previously incurred liabilities due for repayment in 2023 pursuant to Article 89(1)(2) and (3) of the Public Finance Act of 29 August 2009 (i.e. Journal of Laws of 2009). 2023, items 1270 and 1273)
2. Allocation of the loan in accordance with the Budget Resolution of the Szaflary Municipality for 2023 No. XLIII/347/2022 of the Szaflary Commune Council of December 28, 2022, as amended.
3. Basic data about the loan:
3.1. Deadline for completion of the contract: from the date of conclusion of the contract to the date of repayment, i.e. until 31.12.2044 (due to the specificity of the subject of the contract, the contracting authority specifies the date of its completion by specifying only the date without indicating the number of days).
3.2. The expected loan will be taken in one tranche, i.e. on 20.12.2023 in the amount of PLN 5,300,000.00.
3.3. The loan will be activated on the basis of a written instruction that will be submitted to the Contractor. It is permissible to submit an instruction by fax or electronically to the fax number or e-mail address indicated in the contract.
3.4. The disbursement of the credit must take place no later than within three business days following the date on which the instruction for disbursement of the credit is submitted
and funds transferred by the Contractor to the Ordering Party's account indicated in the contract.
3.5. The interest rate on the loan will be calculated on the basis of the WIBOR 1 M rate (variable) as the base rate increased by the Bank's margin offered.
To the above-mentioned WIBOR 1 M rate (variable) will be added the Bank's fixed margin (unchanged) during the loan period.
3.5.1. Description of the method of calculating the interest rate: the interest rate on the loan will be calculated on the basis of the average WIBOR 1M base rate from the previous calendar month and the Bank's fixed margin on an annual basis presented in the offer.
Also in relation to the first interest period, WIBOR 1M from the previous month is taken into account.
3.5.2. The bank's margin indicated in the offer (on an annual basis) is valid for the entire loan period.
A change in the interest rate during the loan period is allowed only in the case of a change in the WIBOR 1M rate.
Pursuant to Article 92(1) of the Public Finance Act of 29 August 2009 (i.e. Journal of Laws of 2023, items 1270 and 1273), capitalisation of interest is inadmissible.
3.5.3. To calculate the interest rate on the loan in the Offer, the average WIBOR 1M base rate for the month of October this year of 5.92% and the bank's fixed margin as well as the planned schedule of incurring and repayment of the principal should be used.
For the comparability of the Submitted Offers, this calculation should be prepared in ANNEX 1B.
The contractor fills only the amount of the bank's margin - in field No. 2 (marked in yellow) - to the 2nd decimal place.
Interest will be repaid in monthly installments, calculated from the date of starting the loan. Interest will be payable by the 15th business day of each month.
The Bank is obliged to calculate interest for each month and transfer without a request the charge to the Ordering Party by the 10th day of each month, by electronic means, to the e-mail address indicated in the contract.
The formula for calculating interest is the actual number in the year, which should be understood as 365 or 366 days, respectively, and each month is the actual number of days (i.e. taking into account the actual number of days of February in each year).
3.5.4. Repayment of the credit
The loan will be repaid in quarterly installments. The loan repayment period is set from 31.03.2025 to 31.12.2044