Selection of a bid submitted by the consortium Izostal S.A. (Consortium Leader) and Stalprofil S.A., as one of the most favourable in the tender procedure aimed at conclusion of a Framework Agreement within the scope of supply of pipes for investment tasks
20-11-2014 14:30
Legal basis: Art. 56 clause 1 item 1 of the Offering Act - confidential information
SUBJECT: Selection of a bid submitted by the consortium Izostal S.A. (Consortium Leader) and Stalprofil S.A., as one of the most favourable in the tender procedure aimed at conclusion of a Framework Agreement within the scope of supply of pipes for investment tasks of O.G.P. Gaz-System S.A. – Part no. 1 and Part no. 2.
CONTENT OF THE REPORT:
On November 20th, 2014 the Company Izostal S.A. was informed that the Gas Transmission Operator Gaz-System S.A. with its registered office in Warszawa (the Contracting Authority) selected the bid submitted by the consortium composed of Izostal S.A. (Consortium Leader) and Stalprofil S.A. as one of the most favourable in the tender procedure aimed at conclusion of a Framework Agreement within the scope of supply of pipes for investment tasks performed by O.G.P. Gaz-System S.A. – Part no. 1 and Part no. 2. Case reference no.: ZP/2013/11/0163/PW.
The subject-matter of the contracts awarded based on the Framework Agreement will be the supply of brand-new, externally coated and internally painted steel pipes for pipeline transportation system divided into following Parts:
Part no. 1: pipes with a diameter DN 700.
Part no. 2: pipes with a diameter DN 1000.
The number of the supplied pipes should cover the investment implementation requirements, estimated at ca. 1057 km of gas pipelines.
The Contracting Authority states that the term of the Framework Agreement will be 4 years.
The Company will inform about conclusion of the Framework Agreement with O.G.P. Gaz-System S.A., as well as about any significant terms and conditions included in the agreement in a separate current report.
Pursuant to the information provided by the Contracting Authority the Framework Agreement will be concluded within the period not shorter than 10 days from sending notification on selection of the most favourable bid.
Specific legal basis: Art. 56 clause 1 item 1 of the Act of July 29, 2005 on public offering and conditions for marketing financial instruments in an organized trading system and public companies (Journal of Laws No. 184 item 1539 as amended)
SIGNATURES OF PERSONS REPRESENTING THE COMPANY:
Management Board President, Marek Mazurek 2014-11-20
Management Board Vice President, Michał Pietrek 2014-11-20
INFORMATION ON THE ENTITY:
Full name of the issuer: IZOSTAL SPÓŁKA AKCYJNA
Abbreviated name of the issuer: IZOSTAL S.A
Sector based on the classification of Warsaw Stock Exchange: Other industry
Address: 47-120 Zawadzkie Polna 3
Telephone: (77) 405 65 00
Fax: (77) 405 65 01
e-mail:info@izostal.com.pl
www.izostal.com.pl
VAT No. [NIP]:756-00-10-641
Statistical No. [REGON]: 530884678
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