Acciona Mostostal Warszawa is part of the Acciona Capital Group.

Report No.33_Signing an agreement for construction of building for the Faculty of Computer Science, Electronics and Telecommunications of the AGH University of Science and Technology in Kraków

07 July 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. (“Company”, “Contractor”) hereby informs that yesterday, the Company signed an agreement, with the Employer, AGH University of Science and Technology in Kraków, for the construction of a building for the Faculty of Computer Science, Electronics and Telecommunications in the area of the AGH University in Kraków.

Date of completion of the subject matter of the agreement: 14 September 2018.

The value of the agreement amounts to: PLN 16.87 million gross.

Payment deadline: up to 21 days from receipt of invoice.

Period of granted guarantee:

- 120 months for the roof and the façade;

- 60 months for windows and external doors;

- 25 years for the structural network installation;

- 12 months for greenery.

The Contractor submits a performance bond constituting 10% of the agreement value.