Acciona Mostostal Warszawa is part of the Acciona Capital Group.

Report No. 38_New contract conclusion

22 December 2016

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. announces that yesterday the company signed with Napoll 13 Sp. z o.o. a contract for a comprehensive execution of construction works on the residential investment located at the Śródziemnomorska street in Warsaw.

The total period of investment execution amounts to 19 months from the investment start ie. from 2 January 2017 to the date of signing by the parties the protocol of final acceptance.

The value of the contract amounts to PLN 25.85 million net.

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

Guarantee periods: 10 years for all structural members and works, 6 years for the remaining works and elements of Investment.

The bank guarantee which provides the appropriate security, in accordance with the contract and timely execution of investments, including the execution by the Company of all obligations under the contract and the security of all claims arising from the contract it is equivalent to 10% of the total net salary.