Acciona Mostostal Warszawa is part of the Acciona Capital Group.

Report No. 64_Signing Agreement on Extension of Municipal Hospital in Kraków

30 October 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”) informs that as of this day, the Company signed an agreement with Specialist Municipal Hospital of Gabriel Narutowicz in Kraków (“Employer”) for “Execution of Superstructure and Extension of the Main Building of the Specialist Municipal Hospital of Gabriel Narutowicz for the Needs of Operating Rooms: Construction and Installation Work Including Purchase, Delivery and Assembly of Fixed Equipment.”

Work completion date: 15 November 2018.

Remuneration of the Contractor: PLN 23.36 million gross.

Payment deadline: 60 days from receipt by the Employer of an invoice from the Contractor.

The Contractor provides the Employer with a 61-month guarantee for the performed construction and installation work, in particular:

a) devices of air-conditioning and ventilation installation: 61 months;

b) passenger lift: 61 months;

c) cargo lift: 61 months;

d) power generators: 24 months;

e) air compressors: 61 months;

f) vacuum pump: 61 months.

Performance bond for the contract: 5% of the price presented in the tender bid, which constitutes PLN 1.17 million.