Release date: 10 March 2016
Promoter – Financial Intermediary
SWANSEA UNIVERSITYLocation
Description
The main purpose of the project is to optimise the use of space of Swansea University's Singleton campus. The project will consist of the construction of the new student centre; reconfiguration and refurbishment of the Talbot Building; reconfiguration and refurbishment of the Library; upgrades of the specialised research laboratories and associated facilities of the Grade II listed Wallace Building; and reconfiguration and refurbishment of the Grade II listed Fulton House at the centre of the campus. In addition, construction of facilities for the University's new Computational Foundry at the Bay Campus will be included in the project.
Objectives
The purpose of the project is to increase the relevance and quality of teaching, learning and academic research capacity at the Swansea University by increasing and improving the overall quality of the existing academic space.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 78 million (GBP 60 million)
Total cost (Approximate amount)
EUR 157 million (GBP 121 million)
Environmental aspects
Universities and research institutions are not specifically mentioned in Directive 2011/92/EU on environmental impact assessment (EIA). An EIA is therefore not required. However, parts of the investment might be 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 for any component of the project. Potential impact on Natura 2000 conservation sites as well as operating procedures and systems related to animal testing, genetically modified organisms (GMOs), biosafety hazards and waste management will also be checked.
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 (Directives 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 - 8/12/2016
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).