Report No. 34_Signing of an Agreement for the Construction of Sports and Entertainment Arena in Puławy
The Management Board of Mostostal Warszawa SA (the "Company") informs that on June 8, 2018, the Company signed as a participant in a consortium consisting of Mostostal Puławy SA (leader - share in the consortium 27.2%) and Mostostal Warszawa SA (partner - participation in consortium: 72.8%) agreement with the Puławy City Council ("Ordering Party") for the construction of Sports and Entertainment Arena in Puławy.
Value of the contract: PLN 86.93 million gross.
Construction deadline: up to 22 months from the date of signing the contract.
Payment term: 30 days from the date of receipt of the invoice.
Warranty period: 6 years.
Due performance security: 10% of the contract value.
Legal basis:
Article 17 para. 1 of MAR Regulation.
The Management Board of Mostostal Warszawa SA (the "Company") informs that on June 8, 2018, the Company signed as a participant in a consortium consisting of Mostostal Puławy SA (leader - share in the consortium 27.2%) and Mostostal Warszawa SA (partner - participation in consortium: 72.8%) agreement with the Puławy City Council ("Ordering Party") for the construction of Sports and Entertainment Arena in Puławy.
Value of the contract: PLN 86.93 million gross.
Construction deadline: up to 22 months from the date of signing the contract.
Payment term: 30 days from the date of receipt of the invoice.
Warranty period: 6 years.
Due performance security: 10% of the contract value.
Legal basis:
Article 17 para. 1 of MAR Regulation.