Acciona Mostostal Warszawa is part of the Acciona Capital Group.

Report No.2_New contract conclusion for the project entitled.: "Construction of the ring road of the Strzyżów within the provincial road No. 988

17 January 2017

The Management Board of Mostostal Warszawa S.A. informs that today the company signed with Medical Investment Trust Sp. z o.o., a contract for “the execution of works under the general contractor for the investment involving the construction of the hotel building with apartments at the intersection of Mestwina and Międzymorze in Jurata with an underground garage with land development and technical infrastructure on the plot with registration number 326 of 0003 precincts Jastarnia".

The parties agreed the deadline for the completion of contract till 6 February 2018. 
The value of the contract amounts to PLN 14.50 million net.

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

Guarantee periods: 60 months for the quality guarantee and guarantee for physical defects in the object of the contract.

The security for the proper performance of subject of the Agreement and claims arising from it is unconditional insurance performance guarantee of 10% of net salary. In the guarantee and warranty period the Contractor shall provide an unconditional and payable on each request bank or insurance guarantee removal of faults and defects after the final acceptance of the subject of the Agreement in the amount of 5% of the net salary.

The Management Board of Mostostal Warszawa S.A. (the "Company") in relation to the current report No. 33/2016 dated 1 December 2016 informs that today the Company together with Mostostal Kielce S.A. (the company being 100% subsidiary of Mostostal Warszawa S.A.) signed with Podkarpackie Province – Podkarpacki Zarząd Dróg Wojewódzkich (“Purchaser”) the contract for the execution in the system "design and build" the project documentation with obtaining the environmental decision and the ZRID decision with the order of immediate enforceability and construction works within the framework of the project entitled.: "Construction of the ring road of the Strzyżów within the provincial road No. 988".

The parties agreed the deadline for the completion of contract on 31 October 2019.

The value of the contract amounts to: PLN 98.077.960,70 gross.

Payment deadline: 30 days from the date of acceptance the invoices by the Purchaser.

Guarantee periods: 6 years.

The amount of the performance security: 4% of the gross contract.