Granting and servicing of a long-term PLN bank loan in the amount of PLN 4,614,012.80 for the Municipality and City of Witkowo to finance the planned budget deficit for 2025
This tender has been awarded
Awarded to SGB-BANK SPÓŁKA AKCYJNA; BANK SPÓŁDZIELCZY W WITKOWIE — PLN 1,659,284
About This Opportunity
TranslatedThis tender concerns the provision and servicing of a long-term Polish Zloty (PLN) bank loan amounting to PLN 4,614,012.80 for the Municipality and City of Witkowo. The primary purpose of this loan is to finance the municipality's projected budget deficit for the year 2025. The loan must be denominated in PLN and offer the flexibility to utilize an amount less than the total credit line without incurring any associated costs or interest, and without requiring the contractor's consent or a contract amendment. The credit period extends from the loan agreement's execution date until December 31, 2035. The loan disbursement is planned in two tranches: the first tranche of PLN 2,000,000.00 is expected by November 28, 2025, and the second tranche of PLN 2,614,012.80 by December 15, 2025. However, the final disbursement deadline for both tranches is set for December 23, 2025, with the possibility of adjustments by the Contracting Authority due to justified reasons, such as extended tender procedures. Tranche disbursements will be initiated upon the Contracting Authority's written request. Loan repayment, including interest, will occur from the loan's drawdown until December 31, 2035. Interest payments on the utilized portion of the loan will be made monthly. A grace period for the first principal installment is granted until March 30, 2031. Subsequent principal repayments are scheduled quarterly from March 31, 2031, through December 31, 2034, with specific amounts allocated for each quarter.
This is a services contract in the finance and banking sector, with a focus on Financial Regulation. Located in Poland, Europe, this opportunity is open to firms and consortiums, with an estimated budget of PLN 4.6 million.
Published through TED - Tenders Electronic Daily (EU), a national government procurement portal. Public procurement tenders follow the country's national bidding regulations and may have specific eligibility and documentation requirements for services in the finance and banking sector. Service contracts are typically evaluated on both technical quality and price, and may require bidders to demonstrate relevant experience and qualified personnel. This contract has already been awarded. The information is published for transparency and market intelligence purposes.
Description
Auto-translated from Polish1. The subject of the order is the granting and servicing of a long-term PLN bank loan in the amount of PLN 4,614,012.80 for the Municipality and City of Witkowo to finance the planned budget deficit for 2025. 1) PLN bank loan in the amount of PLN 4,614,012.80 with the possibility of using the full amount without incurring any costs and interest related to it and without the required consent of the contractor and the need to draw up an annex to the concluded agreement. 2) Loan period – from the conclusion of the loan agreement until 31.12.2035. 3) Loan disbursement (withdrawal) – in tranches (estimated dates – for calculating the offer price) - 1st tranche by 28.11.2025 in the amount of PLN 2,000,000.00, - 2nd tranche by 15.12.2025 in the amount of PLN 2,614,012.80. In case of a change in the loan disbursement date, the final disbursement date will be 23.12.2025. In justified cases, e.g., prolonged tender procedure, the Contracting Authority may change the dates specified in the first and second bullet points above. 4) Disbursement of tranches will take place based on a written request from the contracting authority to the Bank. 5) Loan repayment from the date of loan origination until 31.12.2035. 6) Interest repayment on the drawn loan in monthly periods (by the last working day of the given month for the month in which the interest was accrued) after the conclusion of the loan agreement. 7) Grace period for the first loan installment repayment until 30.03.2031. 8) Capital repayment at the end of each quarter - 2031 • 31.03.2031 PLN 250,000.00 • 30.06.2031 PLN 250,000.00 • 30.09.2031 PLN 250,000.00 • 31.12.2031 PLN 250,000.00 - 2032 • 31.03.2032 PLN 250,000.00 • 30.06.2032 PLN 250,000.00 • 30.09.2032 PLN 250,000.00 • 31.12.2032 PLN 250,000.00 - 2033 • 31.03.2033 PLN 250,000.00 • 30.06.2033 PLN 250,000.00 • 30.09.2033 PLN 250,000.00 • 31.12.2033 PLN 250,000.00 - 2034 • 31.03.2034 PLN 250,000.00 • 30.06.2034 PLN 250,000.00 • 30.09.2034 PLN 250,000.00 • 31.12.2034 PLN 250,000.00 - 2035 • 31.03.2035 PLN 153,503.20 • 30.06.2035 PLN 153,503.20 • 30.09.2035 PLN 153,503.20 • 31.12.2035 PLN 153,503.20 (If the capital repayment date falls on a non-working day, repayment will be made on the last working day before that date). 8) Repayment of the entire loan may be shortened, in which case: - interest will be accrued until the loan is repaid, - this will not affect the change in the terms of the agreement, nor will the bank charge any fees/commissions for this reason. 9) One-time bank commission, upfront fee, etc. – preparatory for the granted loan = 0.00%. 10) The form of security for the repayment of the loan together with accrued interest is a "blank" promissory note with a promissory note declaration equal to the amount of the requested loan. If necessary, the "blank" promissory note securing the loan repayment will be countersigned by the Treasurer of the Municipality and City. 11) The loan interest rate should be determined based on the WIBOR rate for 1M deposits (to be determined according to the quotation from the previous month - the last working day of the previous month), increased by the Bank's margin, which throughout the loan period cannot be higher than on the day of signing the agreement. Method of calculating the 1M WIBOR rate for the purpose of preparing the offer – according to the quotation from September 15, 2025 (4.82%). 12) For the calculation of the offer price, the contractor should use the actual calendar. 13) For the calculation of the service costs (order), the Contracting Authority will use the theoretical dates of tranche disbursement on 28.11.2025 in the amount of PLN 2,000,000.00 and on 15.12.2025 in the amount of PLN 2,614,012.80. 14) The Contracting Authority may resign from part of the order – the guaranteed amount to be disbursed is: PLN 2,000,000.00. 2. The Contracting Authority requires that the contractor or subcontractor employ persons performing activities in accordance with Art. 22 § 1 of the Act of June 26, 1974 – Labor Code (Journal of Laws of 2025, item 277, as amended) – in accordance with...
Data provenance
This notice is sourced from TED - Tenders Electronic Daily (EU) and was originally published on December 12, 2025. Last refreshed 44 days ago. Original language: Polish. BidsFactory mirrors official procurement notices and links back to the source for full legal text.
About Gmina i Miasto Witkowo
Gmina i Miasto Witkowo has issued 14 procurement notices on BidsFactory, including 1 currently open and 3 awarded contracts. Activity concentrates in Construction & Civil Works, Environment & Climate, and Urban Development & Housing. All notices are published for Poland. Notices are distributed via Poland e-Zamówienia and TED - Tenders Electronic Daily (EU). Most recent publication: September 18, 2026.
Frequently asked questions about this tender
How much was the contract awarded for?
SGB-BANK SPÓŁKA AKCYJNA; BANK SPÓŁDZIELCZY W WITKOWIE was awarded the contract for PLN 1,659,284. The figure reflects the value disclosed by the contracting authority in the award notice.
Where will the contract be performed?
The contract is for delivery in Poland. Foreign bidders should review local registration, taxation, and any in-country presence requirements before submitting.
How can I submit a bid?
Visit TED - Tenders Electronic Daily (EU) to access the full notice, required documents, and submission instructions provided by the contracting authority.
Is this tender still open?
No — the contract has already been awarded to SGB-BANK SPÓŁKA AKCYJNA; BANK SPÓŁDZIELCZY W WITKOWIE. The award notice is archived on BidsFactory for transparency and market intelligence.
Who is the contracting authority?
This notice was issued by Gmina i Miasto Witkowo in Poland. The authority is responsible for evaluating bids, awarding the contract, and managing performance.
What type of contract is this?
This is a Services contract in the Finance & Banking sector. The classification helps bidders match the opportunity to their qualifications and registered scope of supply.
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