Construction of Truck Parking Facilities in Hungary

This contract involves the construction of truck parking facilities in the North-West Economic Zone of Debrecen. Key details include: - Penalties for delays: 1% of the net contract value per day, with a maximum of 20%. If the maximum penalty is reached, the buyer may terminate the contract. - Penalties for defective performance: 3% of the net contract value for each instance of defective performance, applicable up to three times. After three instances, the buyer may terminate the contract. - Cancellation penalty: 30% of the net contract value. - Warranty: Minimum of 36 months, with the possibility of a longer warranty period, which will be considered in the evaluation process. The warranty period starts from the successful completion of the technical handover. Detailed rules regarding penalties are included in the contract draft, which is part of the procurement documents.