The Management Board of Mostostal Warszawa S.A. (“Company”) informs that today, the Company signed an agreement with Mennica Polska S.A. for performance of construction work as part of an investment task under the name: construction of a multi-family residential building with service functions and underground garage, area management, entry to the real property and the necessary technical infrastructure, including municipal transformer stations, located in the area of plots with Nos. 110/1, 110/3, 110/4 within area 6-01-06, constructions of exits on fragments of road lanes of ul. Pereca, plot No. 10/1 within area 6-01-06 and construction of the necessary technical infrastructure on plots with No. 6, 10/1 within area 6-01-06 at ul. Waliców 11 in Warsaw, along with disassembly of a part of the Aurum office building located on plot with No. 110/3 within area 6-01-06 at ul. Waliców 11 in Warsaw.

Completion deadline of the agreement: 31 May 2019.

The value of the agreement amounts to: PLN 103.150 million net + VAT.

Payment deadline: 30 days from invoice receipt.

Guarantee period:

- 6 years for the investment task in total, encompassing, in particular, construction work and additional work, including finishing work;

- a minimum of 24 months for equipment and machines or for a longer period of time resulting from a guarantee indicated by the manufacturer of the equipment.

Performance bond for the contract: bank performance bond for the total amount of 10% of the net contract value.

The Management Board of Mostostal Warszawa S.A. (“Company”), having received today’s correspondence, informs that on 27 July 2017 Poznań University of Technology chose the tender bid of Consortium Mostostal Warszawa S.A. (leader) and Acciona Construccion S.A. (partner) as the most advantageous in an open tender under the name: “NEARLY ZERO-ENERGY BUILDING OF THE FACULTY OF ARCHITECTURE AND THE FACULTY OF ENGINEERING MANAGEMENT OF THE POZNAŃ UNIVERSITY OF TECHNOLOGY.”

The tender bid submitted by the Consortium encompasses, in particular:
1. Gross price: PLN 71.9 million
2. Usable energy (EU) [kWh/m2/year] – 13.01
3. Final energy (EK) [kWh/m2/year] – 22.01
4. Share of renewable energy in final energy [%] - 76.8   
5. Annual gross maintenance costs [PLN/m2/year] - 6.42. The decision of the choice of the most advantageous tender bid is subject to appeal which may be filed within 10 days from receipt of the notification.

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