The Management Board of Mostostal Warszawa S.A. announces that on 10 October 2016, the Company signed a contract with HENNIGER INVESTMENT Spółka Akcyjna for construction of a residential building with service functions on the ground floor, an underground garage, with unfinished interiors, infrastructure and area management, area levelling and construction of access roads, networks and any connections as part of an investment under the working name of “KBR_CE1” (second stage of the “Mieszkaj w Mieście” housing estate).

The deadline for implementation of the object of the contract was determined at 18 months from the date of signing the contract by the Parties, however not later than 6 April 2018.

The value of the contract amounts to: PLN 34.25 million net.

Payment deadline: 7 days from presentation of an invoice along with required documents.

Warranty period: 72 months of quality guarantee and warranty for defects in the performed work, excluding the building structure, tightness of the roof and insulation of the underground garage for which the period of warranty amounts to 120 months.

Performance bond: deposit or bank guarantee constituting 10% of the accepted net contractual amount.  

The Management Board of Mostostal Warszawa S.A. announces that on 17 October 2016, the company signed a contract with Rejonowy Zarząd Infrastruktury in Gdynia for “Reconstruction of Building No. 20 for headquarters/ office building with a kitchen, canteen, food storage facility and briefing room in the Redzikowo military complex, task No. 13746”.

The deadline for implementation of the object of the contract was determined by the parties at 27 months from the date of signing the contract, i.e. by 17.01.2019.

The value of the contract amounts to PLN 21.5 million gross.

Payment deadline: 30 days from the date of filing the invoice.

Guarantee periods: 36 months for the quality guarantee and liability for physical defects in the object of contract. Performance bond: performance bond constituting 5% of the contractual price.