Release date: 10 April 2012
Promoter – Financial Intermediary
COMUNIDAD AUTONOMA DE GALICIALocation
Description
The project is a road multi-scheme encompassing 8 components relating to new construction, rehabilitation and upgrading, and implementation of road safety measures in the regional road network of the Autonomous Community of Galicia (Spain).
Objectives
A road multi-scheme encompassing new construction, rehabilitation and upgrade works, and implementation of road safety measures.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 80 million
Total cost (Approximate amount)
EUR 167 million
Environmental aspects
All schemes to be financed under the proposed project will be required to comply with the relevant national and regional legal framework and to be in line with EU environmental policy and be acceptable in environmental terms to the EIB. In particular, compliance with EU Directive 97/11/EC and 2003/35/EC, amending 85/337/EEC, the Habitats and SEA Directive 2001/42/EC will be verified during appraisal.
Procurement
The contracting authority is a public promoter obliged to comply with the European and National Public Procurement legislation. The Bank will require the Promoter to ensure that contracts for the implementation of the project are tendered in accordance with the relevant applicable EU procurement legislation (Dir 2004/18 or 2004/17/EEC), with parallel publication of tender notices in the EU Official Journal, as and where appropriate.
Status
Signed - 22/11/2012