25/2012: Execution of annex to the material contract between the PBG Group and the Municipal Roads Maintenance Authority in Poznań
In reference to Current Report No. 53/2011 of August 25th 2011 (available at http://www.pbg-sa.pl/relacje-inwestors kie/raporty-biezace/53-2011-zawarcie-przez-spolki-z-grupy-kapitalowej-pbg-umowy-znaczacej-z-zarzadem-drog-miejskich-w-poznaniu.html), the Management Board of PBG S.A. hereby reports that on April 25th 2012 an annex was executed between the Municipal Roads Maintenance Authority in Poznań and the Consortium (“Contractor”) consisting of HYDROBUDOWA POLSKA S.A. (Consortium Leader), APRIVIA S.A. (Consortium Partner), P.R.G. METRO Sp. z o.o. (Consortium Partner) and Obrascón Huarte Lain S.A. (Consortium Partner) to the construction contract providing for the reconstruction of Roosevelta street, between the intersection with Dąbrowskiego street and the Most Teatralny overpass, and the intersection with Głogowska street and the Most Dworcowy overpass, along with the reconstruction of the Rondo Kaponiera interchange in Poznań.
Due to extension of the scope of work under the annex, the deadline for completing Phase I of the work (from Most Dworcowy to Rondo Kaponiera) was postponed until May 29th 2012.
Other terms and conditions of the contract, including the deadline for completing Phase II of the construction work, remained unchanged.
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