Report No. 17_Conclusion of an Agreement on the Construction of the Praszka Bypass
The Management Board of Mostostal Warszawa S.A. ("Company") informs that on 20 May 2019 the Company signed a contract with the General Directorate for National Roads and Motorways in Opole branch (GDDKIA) for “Designing and performing the task under the name “Construction of the Praszka bypass within the national road No. 45””.
Significant terms of the contract:
• Contract value: PLN 171.5 million gross.
• Implementation period: 36 months.
• Payment term: 30 days from the date of receipt of the invoice.
• The maximum warranty period is 10 years.
• Good performance security: 10% of the contract value.
Article 17 paragraph 1 MAR - confidential information.