Acciona Mostostal Warszawa is part of the Acciona Capital Group.

Report No. 46 Signing Agreement for “Extension and Rebuilding of Sewage Treatment Plant in Krosno at ul. Drzymały”

29 August 2017

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”, “Contractor”), in reference to current report No. 42/2017 of 31 July 2017 informs that today, the Company signed an agreement with Miejskie Przedsiębiorstwo Gospodarki Komunalnej in Krosno Sp. z o.o. (“Employer”) on public procurement under the name “Extension and Rebuilding of Sewage Treatment Plant in Krosno at ul. Drzymały”.

Completion deadline of the agreement: 48 months from the date of conclusion of the agreement.

The value of the agreement amounts to: PLN 32.1 million gross.

Payment deadline: 30 days from receipt by the Employer of a correctly issued invoice from the Contractor.

Period of guarantee and statutory warranty:

- 60 months of the statutory warranty until the date of issue of a take-over certificate for work;

- 24 months of the guarantee until the date of issue of a take-over certificate for work;

Performance bond for the agreement: 10% of the gross price specified in the bid for performance of the subject matter of the tender (gross price provided in the tender: PLN 32.1 million).