EXTRACTS FROM THE MINUTES
OF THE 15th/28.7.2016 MEETING OF THE BOARD OF DIRECTORS 
 
Subject: Contract No. 5098031/21.7.2010 signed with EFACEC ENERGIA – MAQUINAS E EQUIPAMENTOS ELECTRICOS S.A. for the supply of energy distribution system for TDP.
Amendment to terms of the aforementioned Contract.


The Board of Directors approved the changes made to the Special Terms addressing issues on schedule of deliveries and time of installation.

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Subject: Tender No. 503404/19.6.2014 for the supply of underground cast-iron L.V. two (2) and four (4) way link boxes, including covers thereof.
- Supply of items 1b and 2b of the above tender has been cancelled.
- A reduction has been applied to the quantities for the items 1 and 2 of the above tender.
- The results of the above tender have been validated supply of the rest of the listed items has been assigned.

The Board of Directors has made the following decisions:

1. To cancel said tender as to the supply quantity initially mentioned for list item 1b (510 pieces of D400 well covers for pavements, for two (2) way link boxes) of set 1, of a planned value of € 30,600.00 and the initially tendered quantity of listed item 2b (210 pieces of D400 well covers for pavements, for four (4) way link boxes) of set 2, of a planned value of € 36,750.00, because of a non-satisfactory result.

2. To reduce quantity of item 1 (underground cast-iron L.V. two (2) way link boxes) by 510 pieces, of a planned value of € 66,300.00, and quantity of item 2 (underground cast-iron L.V. four (4) way link boxes) by 210 pieces of a planned value of € 67,200.00.

3. To validate results of the aforementioned tender as to the supply of listed items 1 & 1a of set 1 and listed items 2 & 2b of set 2, and to assign them to the formally and technically acceptable bidder ΒΗΜΚΑ ΕΠΕ (VIMKA LTDE), as follows:

Set 1

 Item 1: 1,190 pcs of underground cast-iron L.V. two (2) way link boxes for a total fixed price of € 172,550.00 (plus V.Α.T.), payable for the delivery of the material to the specific HEDNO S.A. Regional Warehouses, to be transported by supplier's vehicle.

 Item 1a: 1,190 pcs. of B125 well covers for pavements, for two (2) way link boxes for a total fixed price of € 53,550.00 (plus V.A.T.), payable for the delivery of the material to the specific HEDNO S.A. Regional Warehouses, to be transported by supplier's vehicle.

Set 2

 Item 2: 490 pcs of underground cast-iron L.V. four (4) way link boxes for a total fixed price of € 203,350.00 (plus V.Α.T.), payable for the delivery of the material to the specific HEDNO S.A. Regional Warehouses, to be transported by supplier's vehicle.

 Item 2a: 490 pcs. of B125 well covers for pavements, for four (4) way link boxes for a total fixed price of € 39,200.00 (plus V.A.T.), payable for the delivery of the material to the specific HEDNO S.A. Regional Warehouses, to be transported by supplier's vehicle.

The total value of the aforementioned assignment amounts to 468,650.00 euro (plus V.A.T.).

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Subject: Tender No. 508301/8.10.2013 for the supply of metering current transformers.
– Hearing of application.
– Cancellation of the above tender.

The Board of Directors has made the following decisions:

1. To dismiss the application by POWERTEC LTD disputing the formal dismissal of bid thereof at stage 2 of the 508301/08.10.2013 tender opening process, and to find, by final decision, that said bid is formally non-acceptable.

2. To cancel the tender, in particular:

Items 3, 4, 5, 6, 7, 8, 9 and 10 of tender 508301/08.10.2013 given that there is no formally acceptable financial bid.

Items 1 and 2 of tender 508301/08.10.2013, given there has been a change to the company's demands.

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