The subject of the contract is: granting a long-term bank loan in the amount of PLN 11,774,000.00 for repayment of previously incurred liabilities under loans and issued bonds and financing the planned deficit of the Municipality's budget in 2023., Municipality of Ostrów Wielkopolski, Wielkopolskie Province" in accordance with Resolution No. LXI/601/2023 of the Ostrów Wielkopolski Commune Council of May 25, 2023 ) Loan launch - non-cash; the loan will be released in three tranches,
I tranche: PLN 3,000,000.00 until 31.07.2023
Tranche II: PLN 3,000,000.00 until 29.09.2023
III tranche: PLN 5,774,000.00 until 20.11.2023
The subject of the contract is: granting a long-term bank loan in the amount of PLN 11,774,000.00 for repayment of previously incurred liabilities under loans and issued bonds and financing the planned deficit of the Municipality's budget in 2023, Ostrów Wielkopolski Commune, Wielkopolskie Province" in accordance with Resolution No. LXI/601/2023 of the Ostrów Wielkopolski Commune Council of May 25, 2023 on the following terms:
1) PLN loan,
2) variable interest rate on the loan, calculated for each monthly interest period based on the WIBOR 3 M index (with a base rate of 3 M to be calculated as the arithmetic mean of the last five quotes in the month preceding the month of interest accrual)
3) loan repayment – in 48 quarterly installments (the amount of individual installments according to Annex 2 to the SWZ entitled "Loan installment repayment schedule"), on the last day of the third month of the quarter,
4) interest repayment - on an ongoing basis on the amount of the loan mobilised, in monthly periods, on the last day of each month; the contractor will not charge interest on the amount of unused credit,
5) loan launch - non-cash; the loan will be released in three tranches,
I tranche: PLN 3,000,000.00 until 31.07.2023
Tranche II: PLN 3,000,000.00 until 29.09.2023
III tranche: PLN 5,774,000.00 until 20.11.2023
The loan will be launched (without any conditions on the part of the lending bank) at the request of the Municipality of Ostrów Wielkopolski. The loan will be activated by transferring funds to the budget account of the Municipality of Ostrów Wielkopolski, established in the bank performing bank budget service,
6) securing the loan - a blank promissory note with a promissory note declaration,
7) does not provide for any fees and commissions,
8) the ordering party reserves the right to use part of the granted credit without incurring additional fees for non-use of the entire granted loan,
9) the contracting authority reserves the right to repay part or all of the loan early without incurring additional fees, with possible repayment taking place after notifying the contractor of the planned early repayment at least 7 days in advance.
10) the margin is fixed during the term of the contract.
1.2. Documents related to the finances of the contracting authority are attached to this specification. The list of documents is contained in Annex 6 to the SWZ. All documents needed to prepare the offer are also available at: http://bip.ostrowwielkopolski.pl/- in the PUBLIC INFORMATION tab - LONG-TERM LOAN
1.3 Due to the specificity of the subject of the contract, the contracting authority, acting in accordance with Article 121 of the PPL Act, reserves the obligation for the contractor to perform a key task in person, i.e. to grant a bank loan
1.4. The Contracting Authority informs that the opinion of the Regional Accounting Chamber in Poznań on the possibility of repayment of the loan will be made available to the Contractor before signing the contract