Release date: 5 March 2012
Promoter – Financial Intermediary
Comune di Bologna
Location
Description
The project concerns the financing of the 2012-2015 public works multi-annual plan, including investments in several sectors such as mobility, education, culture and urbanisation.
Objectives
The project will contribute to upgrading the urban infrastructure. It will also support the the city in reaching its objetives of urban and environmental development, achieving the optimisation of a sustainable public transport system, the revaluing of urban spaces and public green areas, the improvement of municipal facilities (sport, education, social and culture) and the delivery of social services to the resident population.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 80 million
Total cost (Approximate amount)
EUR 370 million
Environmental aspects
Some of the schemes might eventually fall under Annex I or Annex II of the EIA Directive 85/337/EEC, as amended. If any scheme had a negative impact on an area forming part of Natura 2000 network (falling under Habitats Directive 92/43/EEC or Birds Directive 79/409/EEC) the Bank would require the promoter to act according to the provisions of the aforementioned directives as transposed into national law.
Procurement
The promoter, as a public administration entity, is required to follow EU public procurement rules (2004/17/EC and 2007/18/EC) including publication of contract notices in the EU Official Journal as implemented by national law, if and where appropriate. Projects with values below the EU threshold will be procured according to the provisions laid down in national legislation.
Status
Signed - 28/06/2012
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).