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    Signature(s)

    Amount
    € 87,769,531.18
    Countries
    Sector(s)
    Poland : € 87,769,531.18
    Transport : € 87,769,531.18
    Signature date(s)
    26/11/2009 : € 40,084,885.63
    15/12/2008 : € 47,684,645.55

    Summary sheet

    Release date
    8 August 2008
    Status
    Reference
    Signed | 15/12/2008
    20080255
    Project name
    Promoter - financial intermediary
    Poznan Municipal Infrastructure

    City of Poznan

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    PLN 180.00 million. (EUR 53.33 million)
    PLN 600.00 million. (EUR 177.78 million)
    Location
    Sector(s)
    Description
    Objectives

    The project consists of 6 major urban road schemes included in the Multi-Annual Investment Programme of the City.

    The project is expected to provide a higher quality standard of urban roads within the City, improving the overall network capacity and enhancing road safety, at the same time as reducing road congestion and its negative impacts on both society and environment.

    Environmental aspects
    Procurement

    Poland, as a Member State, has to comply with EU Directives (85/337/EC as amended and 2001/42/EC). Compliance with the requirements of the EU SEA Directive 2001/42/EC will be analysed during the appraisal. Moreover, the Bank will require compliance with the EU EIA Directive 85/337/EEC as amended by Directives 97/11/EC and 2003/35/EC, for every single scheme included in the project. Finally, even if the project concerns a consolidated urban environment and is not expected to affect Natura 2000 sites, compliance with the EU Habitats Directive 92/43/EEC and EU Birds Directive 79/409/EEC will be required by the Bank.

    EU Directives (2004/18/EC and 2004/17/EC) have been transposed into the national Polish legislation. Tenders will be organised in compliance with EU requirements, with publication of tender notices in the EU Official Journal for projects above thresholds. Application of EU procedures by the Polish authorities for the tender of services, supplies and civil works will be reviewed by the Bank’s services during appraisal.

    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).

    General enquiries and comments

    The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
    Alternatively, the EIB can be contacted through its external offices.
    Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

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    Complaints mechanism

    Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

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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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