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”) informs that yesterday, the Company received notification about selection, by Otwockie Przedsiębiorstwo Wodociągów i Kanalizacji Sp. z o.o., of the bid of the consortium Mostostal Warszawa S.A. (“Leader”, 99% shares in the Consortium) and Firma Usługowo Handlowa “EFER” (“Partner”, 1% share in the Consortium) as the most favourable in a public procurement procedure under the name: “Reconstruction and Extension of Sewage Treatment Plant in Otwock – Task I.”

The bid filed by the Consortium encompasses, in particular:

1. flat rate price for the performance of the entire task in the amount of PLN 18.21 million;

2. guarantee and statutory warranty for the procurement in question for the period of:

a) 36 months from the date of final acceptance;

b) 24 months calculated from the day following the end of the warranty period.

The decision on selection of the most advantageous offer is subject to appeal which may be filed within 10 days from the date on which information pertaining to the circumstances forming a basis for filing the complaint was received or could have been received.