Release date: 18 February 2014
Promoter – Financial Intermediary
TUSSENGEMEENTELIJKE MAATSCHAPPIJ DER VLAANDEREN VOOR WATERVOORZIENING CVBALocation
Description
Rehabilitation and extension of the municipal sewer networks in the areas served by TMVW in the provinces of East- and West-Flanders and Flemish Brabant.
Objectives
Providing better wastewater services.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 100 million
Total cost (Approximate amount)
EUR 217 million
Environmental aspects
The project aims primarily at compliance with the EC Urban Waste Water Treatment Directive 91/271/EC as amended by Directive 98/15/EC and the Water Framework Directive 2000/60/EC. Where and if applicable, the requirements of the Environmental Impact Assessment (EIA) Directive 2011/92/EC will be respected and the Bank will publish the non-technical summary of the EIA on its website. Overall, the project is expected to have a positive environmental impact.
Procurement
The bank will require the promoter to ensure that contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (2004/17/EC [amending Directives 1989/665/EEC and 1992/13/EEC]), with publication of tender notices in the EU Official Journal, as and where required.
Status
Signed - 16/03/2015
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).