Granting by the Bank and servicing a long-term bank loan intended to finance the planned deficit in connection with the implementation of investment tasks of the City of Piotrków Trybunalski in 2023 and repayment of previously taken loans and advances up to and including PLN 81,000,000.

Granting by the Bank and servicing a long-term bank loan intended to finance the planned deficit in connection with the implementation of investment tasks of the City of Piotrków Trybunalski in 2023 and repayment of previously taken loans and advances up to and including PLN 50,000,000.

Long-term loan – loan period max 153 months.

The loan tranche will be released on the basis of the Ordering Party's instruction, submitted to the Contractor's bank no later than 2 business days before the planned payment date.

The loan may be activated by the Ordering Party once or in any tranches.

The principal will be repaid in 3-month periods in 48 installments.

Interest will be paid on a quarterly basis, on the day immediately following the end of the calendar quarter in question. The first interest will be calculated from the date on which the first tranche of the loan was paid out to the last day of the month ending the calendar quarter.

1.9. The loan will bear interest at a variable interest rate, i.e. the rate

WIBOR, according to GPW Benchmark quotations, for 3-month deposits, adjusted by the Contractor's margin (positive or negative) fixed throughout the loan period specified in the offer form. The WIBOR rate for 3-month deposits, which is the basis for determining the interest rate, will be calculated as the arithmetic mean of quotations between the first and the last day of the calendar quarter preceding the quarter for which interest is calculated.

1.10. The Ordering Party reserves the right not to use the credit in the full amount referred to in point 1.1 without incurring additional costs. In this case, the last installments of the loan will be reduced accordingly.

The Contracting Authority, in accordance with Article 433 point 4 of the Public Procurement Law, determines the minimum loan value at PLN 1,000,000.00, with the proviso that if the financial situation of the Contracting Authority changes and in 2023 there is no condition resulting from Article 89 paragraph 1 point 2 of the Public Finance Act, i.e. there is no budget deficit, the loan will not be activated,

If the Ordering Party does not launch the loan by 28.12.2023, the Bank is not entitled to a one-off commission.

The loan is a non-revolving loan, i.e. repayment of the loan in whole or in part does not allow the Ordering Party to use it again.

Interest will only accrue on the amount of actual debt.

The Ordering Party has the right to early repayment of all or part of the loan without incurring additional costs in this respect.

The contracting authority requires employment, on the basis of an employment contract by the contractor or subcontractor, of persons performing the activities indicated by the contracting authority in the scope of contract performance, i.e.:

1) Activation of the loan on the basis of the ordering party's instruction after the final award of the tender and signing the contract

2) Administrative and financial services, in particular:

providing the contracting authority with information on the balance of the bank account,

performing activities related to the coordination of the implementation of the contract (preparation of amendments to the contract,

calculation and provision of information to the contracting authority on the amount of accrued interest,

preparing and providing the ordering party with information on the state of debt, etc.).

The requirements are set out in §12 section 1 of the proposed provisions of the contract.

Detailed subject of the contract - SWZ PART II. The Ordering Party does not reserve the obligation to perform the task personally.

Granting by the Bank and servicing a long-term bank loan intended to finance the planned deficit in connection with the implementation of investment tasks of the City of Piotrków Trybunalski in 2023 and repayment of previously taken loans and advances up to and including PLN 31,000,000.

Long-term loan – loan period max 153 months.

The loan tranche will be released on the basis of the Ordering Party's instruction, submitted to the Contractor's bank no later than 2 business days before the planned payment date.

The loan may be activated by the Ordering Party once or in any tranches.

The principal will be repaid in 3-month periods in 48 installments.

Interest will be paid on a quarterly basis, on the day immediately following the end of the calendar quarter in question. The first interest will be calculated from the date on which the first tranche of the loan was paid out to the last day of the month ending the calendar quarter.

1.9. The loan will bear interest at a variable interest rate, i.e. the rate

WIBOR, according to GPW Benchmark quotations, for 3-month deposits, adjusted by the Contractor's margin (positive or negative) fixed throughout the loan period specified in the offer form. The WIBOR rate for 3-month deposits, which is the basis for determining the interest rate, will be calculated as the arithmetic mean of quotations between the first and the last day of the calendar quarter preceding the quarter for which interest is calculated.

1.10. The Ordering Party reserves the right not to use the credit in the full amount referred to in point 1.1 without incurring additional costs. In this case, the last installments of the loan will be reduced accordingly.

The Contracting Authority, in accordance with Article 433 point 4 of the Public Procurement Law, determines the minimum loan value at PLN 1,000,000.00, with the proviso that if the financial situation of the Contracting Authority changes and in 2023 there is no condition resulting from Article 89 paragraph 1 point 2 of the Public Finance Act, i.e. there is no budget deficit, the loan will not be activated,

If the Ordering Party does not launch the loan by 28.12.2023, the Bank is not entitled to a one-off commission.

The loan is a non-revolving loan, i.e. repayment of the loan in whole or in part does not allow the Ordering Party to use it again.

Interest will only accrue on the amount of actual debt.

The Ordering Party has the right to early repayment of all or part of the loan without incurring additional costs in this respect.

The contracting authority requires employment, on the basis of an employment contract by the contractor or subcontractor, of persons performing the activities indicated by the contracting authority in the scope of contract performance, i.e.:

1) Activation of the loan on the basis of the ordering party's instruction after the final award of the tender and signing the contract

2) Administrative and financial services, in particular:

providing the contracting authority with information on the balance of the bank account,

performing activities related to the coordination of the implementation of the contract (preparation of amendments to the contract,

calculation and provision of information to the contracting authority on the amount of accrued interest,

preparing and providing the ordering party with information on the state of debt, etc.).

The requirements are set out in §12 section 1 of the proposed provisions of the contract.

Detailed subject of the contract - SWZ PART II. The Ordering Party does not reserve the obligation to perform the task personally.