Euro-Centrum dissolved contract with Budus

The Science and Technology Park of Euro-Centrum dissolved an agreement with Budus S.A., a construction company which had been contracted last year to erect the first Polish passive office building. Now, the Park has to look for another prime contractor that will finish the works.

The agreement was dissolved last Wednesday, on the last day of October. Construction work delay and financial problems of Budus – the company was forced into liquidation – were stated as the reason of the dissolution.

The contract had signed between Euro-Centrum and Budus last year amounted to PLN 37 million. By the end of October, Budus has finished a raw state of the 6 335 sq. meters building and started works on elevation. The construction work is now suspended. The Park will issue a new tender to choose the prime contractor.

Previously, it was planned to deliver the building at the beginning of 2013. A new date of the opening is yet unknown.