Report No. 57_Conclusion of a Significant Contract
The Management Board of Mostostal Warszawa S.A. ("Company") informs that on 6 November 2018 concluded with the Urząd Miasta Stołecznego Warszawa - Dzielnica Wilanów (Municipality of Capital City of Warsaw - Wilanów District) ("Ordering Party") a contract with an annex for the implementation of the task titled: "Designing and building the building of the Primary School in the Wilanów District of the Warsaw Capital City together with the necessary infrastructure".
Contract value: PLN 59.09 million gross.
Implementation deadline: until 30 September 2020.
Payment date: up to 21 days from the delivery of a correctly issued VAT invoice, with the reservation that the final invoice will be paid within 30 days from the date of delivery of the final invoice.
The warranty period is 84 months (pledge 60 months).
Proper performance security: a bank guarantee of 10% of contractual remuneration, ie PLN 5.9 million gross.
Article 17 para. 1 of MAR Regulation.