Acciona Mostostal Warszawa is part of the Acciona Capital Group.

Report No. 47 Signing Agreement with General Directorate of Express Roads and Motorways for Design and Construction of Stalowa Wola and Nisko Ring Road in Line of National Road No. 77

30 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. (the “Company”) in reference to current report No. 30/2017 of 21 June 2017 hereby notifies that yesterday the Company, acting as part of the Consortium consisting of Mostostal Warszawa S.A. (Leader ") and Acciona Construcción S.A. (“Partner”) signed an agreement with General Directorate of National Roads and Motorways, Rzeszów Branch as part of limited tender for “Design and Construction of Stalowa Wola and Nisko Ring Road in Line of National Road No. 77 (length of approx. 15.3 km) Including Technical Infrastructure, Structures and Structural Devices.”

Completion deadline of the agreement: 34 months from the date of conclusion of the agreement.

The value of the agreement amounts to: PLN 199.2 million gross.

Payment deadline: 30 days calculating from the date of receipt of a correctly issued VAT invoice.

Period of quality guarantee:

• wearing layer: term of guarantee amounts to 5 years;

• thin-layer horizontal marking: term of guarantee amounts to 1 year;

• thick-layer horizontal marking: term of guarantee amounts to 4 years;

• greenery: term of guarantee amounts to 3 years;

• other layers of surface structure, rigid surface, acoustic screens, vertical marking, concrete prefabricated elements, road engineering facilities - 10 years.

Performance bond for the agreement: 10% of the gross value of the agreement.