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. (“ Company”) hereby informs that yesterday, the Company received notification about selection, by the General Directorate of National Roads and Motorways, Rzeszów Branch, of the bid of consortium Mostostal Warszawa S.A. (“Leader”) and Acciona Construcción S.A. (“Partner”) as the most favourable in a limited tender for “Design and Construction of Stalowa Wola and Nisko Ring Road Along National Road DK-77 (length of approx. 15.3 km) Including Technical Infrastructure, Structures and Construction Equipment.”

Gross price for performance of the object of procurement offered by the Consortium: PLN 199 million.  

Deadline for order completion: 34 months.

Quality warranty period: 10 years.

The Company will inform about conclusion of the contract in a separate report.