Acciona Mostostal Warszawa is part of the Acciona Capital Group.

Report No. 49 Signing Agreement on Construction Work Consisting in Construction of Swimming Pool in Bydgoszcz

12 September 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”) informs that today, the Company signed an agreement with the City of Bydgoszcz with its’ registered office at ul. Jezuicka 1 for performance of construction work consisting in construction of a swimming pool with a connecting building to the building of the Complex of General Education Schools No. 5 at ul. Szarych Szeregów 4a in Bydgoszcz (plots Nos.: 79, 80, 91/1, 91/2, 92, 93, 94, 95, 103 district 473 and plots Nos.: 39, 40, 42, 64/4 in district 474), including technical infrastructure, area development, automatic gate opening system - entry and exit (with the exclusion of central heating connection - energy connection of basic and reserve supply to the border of the parties/ fencing of the area) within the scope of and upon terms specified in: design documents, administrative decisions, technical specifications for performance and acceptance of construction work, Terms of Reference No. WZP.271.3.2017.E, the Contractor’s tender bid and within the scope of arrangements of author’s and investor's supervision.

Completion deadline of the agreement: 30 November 2018.

Fixed-rate remuneration of the Contractor: PLN 24.4 million gross.

Payment deadline: 30 days calculating from the date of invoice delivery along with settlement documents.

Liability of the Contractor on account of statutory warranty for defects in the subject matter of the agreement: 7 years calculating from the date of final acceptance of work.

Performance bond for the agreement: insurance guarantee of 10% of the contractual remuneration, i.e. PLN 2.44 million.