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        SCHULEN KREIS OFFENBACH

        Signature(s)

        Amount
        € 94,000,000
        Countries
        Sector(s)
        Germany : € 94,000,000
        Education : € 94,000,000
        Signature date(s)
        27/06/2005 : € 94,000,000

        Summary sheet

        Release date
        9 January 2004
        Status
        Reference
        Signed | 27/06/2005
        20020689
        Project name
        Promoter - financial intermediary
        Schulen Kreis Offenbach PPP

        Kreisausschuss des Kreises Offenbach
        Werner-Hilpert-Str. 1
        63128 Dietzenbach, Germany

        Proposed EIB finance (Approximate amount)
        Total cost (Approximate amount)
        Up to EUR 250m.
        EUR 500-550m (Lot West's cost is about EUR 270m; Lot East is expect to be similar).
        Location
        Sector(s)
        Description
        Objectives

        The project will involve the rehabilitation, renovation and partial reconstruction of 88 schools comprising 450 buildings located in the Kreis Offenbach.

        The improvement of education standards is an important priority for the Kreis Offenbach. By contributing to the modernisation of schools and other educational infrastructure, as well as the upgrading of multi-media, sports and other facilities on school premises, the loan will contribute to human capital formation and economic development in the region.

        Environmental aspects
        Procurement

        Education construction activities are not specifically mentioned by Council Directive 97/11/EEC, Annex II, in respect of the necessity of an Environmental Impact Assessment (EIA).

        This project is expected to be procured and awarded in conformity with relevant EU Directives. The procurement was advertised in the Official Journal.

        Comments

        Educational sector.

        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).

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        The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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