Report No.37_Conclusion of Agreement on Modernisation and Extension of Sewage Treatment Plant in Otwock - Task I

The Management Board of Mostostal Warszawa S.A. (the “Company”) in reference to current report No. 31/2017 of 23 June 2017 hereby notifies that yesterday the Company, acting as part of the Consortium consisting of:  Mostostal Warszawa S.A. (“Leader”, 99% shares in the Consortium) and Firma Handlowo-Usługowa “EFER” (“Partner”, 1% shares in the Consortium) signed an agreement for construction work with Otwockie Przedsiębiorstwo Wodociągów i Kanalizacji Sp. z o.o. as part of the tender under the name “Modernisation and Extension of Sewage Treatment Plant in Otwock - Task I."

 

Completion deadline of the agreement: 5 August 2018.

The value of the agreement amounts to: PLN 18.21 gross.

Payment deadline: 30 days from invoice receipt.

Period of guarantee and statutory warranty:

a) 36 months of guarantee from the date of final acceptance;

b) 60 months of statutory warranty from the date of final acceptance.

Performance bond for the agreement: 10% of the aggregate price presented in the tender bid (the aggregate price presented by the Consortium in the tender bid):  PLN 18.21 million.

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