Report No. 59_Conclusion of the Contract for the Construction of the S19 Expressway – task "A" from the "Nisko Południe" node to the "Podgórze" node

The Management Board of Mostostal Warszawa S.A. ("Company") informs that on 14 November 2018, a Consortium composed of the Company (Leader) and ACCIONA Construcción S.A. (Partner) has concluded a contract with the General Directorate of Roads and Motorways branch in Rzeszów for the implementation of the task entitled: "Design and construction of the S19 expressway on the section from the" Nisko Południe "node (without a node) to the" Sokołów Małopolski Północ "junction (with interchanges) divided into three tasks: Task "A" from the "Nisko Południe" node (without a node) to the "Podgórze" node (without a node) with a length of 11.5 km ".

Contract Value: PLN 272.5 million gross.

Completion date: 34 months - including the designing time, were winter periods are counted, while completion of works were winter periods are not included - from 15 December to 15 March.

Payment date: 30 days from the date of receipt of the invoice.

The warranty period: 10 years.

Due performance security: a bank guarantee of 10% of contractual remuneration PLN 27.3 million.


Legal basis:

Article 17 para. 1 of MAR Regulation.

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