Release date: 10 June 2015
Promoter – Financial Intermediary
ACCEPTABLE CORPORATE(S), PUBLIC ENTITY(IES)Location
Description
Framework loan to support investments in public transport infrastructure in the Federal State of Brandenburg from 2014 to 2019. The project targets new construction and extension of existing infrastructure for rail, bus and tram services.
Objectives
The projects under the framework loan will improve accessibility, comfort and quality of public transport. Improved quality and attractiveness of public transport will contribute to sustainable economic and regional development.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 100 million
Total cost (Approximate amount)
EUR 200 million
Environmental aspects
The proposed project consists of a number of small and medium-sized works on the train, bus and tram network of Brandenburg. The Bank will require Land Brandenburg to ensure that the environmental impact assessment (EIA) process is applied in line with Directive 2011/92/EC on environmental impact assessment. Compliance with the Strategic Environmental Assessment (SEA) Directive 2001/42/EC will also be assessed during appraisal.
Procurement
The Bank will require the promoter to ensure that contracts for the implementation of all projects under the framework loan have been or 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 - 15/12/2015