Release date: 4 May 2015
Promoter – Financial Intermediary
BAU- UND LIEGENSCHAFTSBETRIEB DES LANDES NORDRHEIN-WESTFALENLocation
Description
Modernisation, construction and rehabilitation of buildings located at public universities and colleges owned by the Federal State of North-Rhine Westphalia, Germany.
Objectives
The project promotes European research and higher education areas by assisting the State of North-Rhine Westphalia in improving research and teaching infrastructures at its higher-education institutions.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 450 million
Total cost (Approximate amount)
EUR 900 million
Environmental aspects
The project covers universities and research facilities of a kind which are not specifically mentioned in Directive 2011/92/EU on environmental impact assessment (EIA), though the project is covered by Annex II of the directive in relation to urban development. The Bank’s services will verify during appraisal whether an EIA is required by the competent authority.
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 (Directive 2004/18/EC and/or 2004/17/EC as well as Directives 89/665/EEC and 92/13/EEC) as interpreted by the Court of Justice of the EU, with publication of tender notices in the EU Official Journal, as and where required.
Status
Signed - 14/09/2015
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).