Subject:
Execution of a significant contract with a value of PLN 131 million for the construction of multi-family residential buildings in Kościuszki Street, Bydgoszcz.
Legal basis:
Article 17(1) of the Market Abuse Regulation (MAR) – inside information
Report content:
The Management Board of ERBUD S.A. (the “Issuer”) announces that on 12 February 2026 it entered into a significant construction contract for the development of multi-family residential buildings located in Kościuszki Street, Bydgoszcz, on the following terms:
- Date of execution: 12 February 2026
- Investor (full name and registered office address): COLIAN DEVELOPER Sp. z o.o., ul. Majkowska 32, 62-800 Kalisz
- Contract value (net): PLN 131,000,000 + VAT
- Subject of the contract: Construction of two multi-family residential buildings together with the necessary technical infrastructure (Buildings “1” and “2”), as well as two multi-family residential buildings comprising commercial space, underground parking facilities, site development works and technical infrastructure (Buildings “3A” and “3B”), located in Kościuszki Street, Bydgoszcz.
- Place of execution: Kościuszki Street, Bydgoszcz.
- Completion deadlines:
- Stages I and II: 15 months from the date of handover of the construction site to the Contractor to the extent necessary for the execution of works relating to Buildings
“1” and “2”; - Stage III: 28 months from the date of handover of the construction site to the Contractor to the extent necessary for the execution of works relating to Buildings “3A” and “3B”.
- Stages I and II: 15 months from the date of handover of the construction site to the Contractor to the extent necessary for the execution of works relating to Buildings
- Payment terms: Monthly invoicing with a 30-day payment term
- Performance bond (amount, validity period): 8% of the net contract value
- Defects liability bond (amount, validity period): 6% of the net contract value
- Other guarantees (type, amount, validity period): In accordance with market standards; the standard warranty period for construction works is 60 months.
- Contractual penalties: Penalties are in line with market standards for contracts of this type. The total amount of contractual penalties may not exceed 15% of the gross contract value.
- Additional information: The contract will be executed by the Toruń branch.