33/2021 - Information on concluding an annex to a contract
The Management Board of Trakcja S.A. (the “Company”, the “Issuer”), acting in the capacity of Consortium Leader of the following Consortium:
- Trakcja S.A. - Consortium Leader;
- Mostostal Warszawa S.A. – Partner no. 1 of the Consortium;
- Przedsiębiorstwo Eksploatacji Ulic i Mostów sp. z o.o. - Partner no. 2 of the Consortium;
informs that it has signed today with Generalna Dyrekcja Dróg Krajowych i Autostrad in Olsztyn [General Directorate for National Roads and Motorways] (hereinafter the “Contracting Institution”) an annex for a supplementary contract (“Annex”) to the basic contract entitled “Design and construction of the S-61 Szczuczyn-Budzisko Expressway (state border) with the following division of tasks: Task no. 2: Ełk Południe section hub - Wysokie hub (with an exit along the dk16 route) (the “Contract”), as informed by the Company in current report no, 16/2018 on 19 July 2018. Additional work under the signed Annex shall include: development and solicitation of all documents allowing the performance of construction work and performance of construction work associated with the strengthening of the surface by exchanging the soil.
In accordance with the Annex, the estimated net value of the remuneration for the performance of additional work shall amount to PLN 23,118,309.59 – which includes the amount of PLN 16,537,938.34, net, for the Issuer. The actual value of the remuneration shall be confirmed by measurements. The work is to be completed by 31 December 2021.
As at today, approximately 50% of the work under the Contract has been completed.
The remaining terms and conditions of the agreement do not differ from the terms and conditions generally applied for such contracts.
The Issuer’s Management Board has decided to publish the foregoing information, as the performance of the above-mentioned contract will have an impact on the maintenance of its ongoing revenue and performance and on increasing the same in the future.
Legal basis:
Article 17 MAR