ABSTRACT OF MINUTES
OF THE 20th/18.7.2014 MEETING OF THE BOARD OF DIRECTORS


Subject: Tender no ΔΔ-207 for the implementation of the Project: “Pilot System for Telemetering and Management of the Power Supply Demand in Residential and Small Commercial Business Consumers and Application of Smart Grids”.
- Approval for the conduct of the above mentioned tender.
- Submission for approval of the relevant tender notice.
- Formation of the Committee for Opening and Evaluation of the Tender.

The Board of Directors decided the conduct of the Tender by the Network Department with Call for Tender no ΔΔ-207, under open procedure with criterion the exclusive award with the lowest price for the Tenderer of the project: “Pilot System for Telemetering and Management of the Power Supply Demand in Residential and Small Commercial Business Consumers and Application of Smart Grids”, with total budget that is up to eighty six million five hundred thousand EUROS based on the Corporation’s study.

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Subject: Contract no ΔΔ-187/2103150/7.12.2010 with the Company “SIAMKS EBIEK S.A.” for the implementation of the Project: “NETWORKS IN SPARTI AREA” of the Department of Peloponnese-Epirus Region.
Increase of the price for the above mentioned Contract.

The Board of Directors decided the increase of the contractual price for the Contract ΔΔ-187/2103150/07.12.2010 “NETWORKS IN SPARTI AREA” by 1,200,000.00 €, within the framework of the foreseen option up to 50% of the article 36 paragraph 1 of the Contract General Terms, that is, increase by a percentage of 14.9% with the same terms and the same discount percentage of 31% of the Contract and simultaneous coverage with the relevant letters of good performance guarantee.

The total increase of the contractual price is up to 2,000,000.00 € in total, that is, a percentage of 24.8%.


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