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        HBOS PPP AGENCY FRAMEWORK LOAN

        Signature(s)

        Amount
        € 146,070,698.22
        Countries
        Sector(s)
        United Kingdom : € 146,070,698.22
        Health : € 73,035,349.11
        Education : € 73,035,349.11
        Signature date(s)
        2/02/2004 : € 73,035,349.11
        2/02/2004 : € 73,035,349.11

        Summary sheet

        Release date
        5 March 2004
        Status
        Reference
        Signed | 02/02/2004
        20020712
        Project name
        Promoter - financial intermediary
        HBOS PPP framework loan - health and education

        Bank of Scotland, part of HBOS plc group
        Contact: Infrastructure Finance team, Bank of Scotland, Level 7 155 Bishopsgate, London EC2M 3YB

        Proposed EIB finance (Approximate amount)
        Total cost (Approximate amount)
        Up to GBP 100m in aggregate.
        At least GBP 200m.
        Location
        Sector(s)
        Description
        Objectives

        Bank of Scotland will use the loan to fund small and medium-sized PPP projects in the health and education sectors.

        The projects will principally comprise modernisation or new development of primary and secondary schools, and improvement in primary and other healthcare facilities.

        Environmental aspects
        Procurement

        Bank of Scotland will provide all the necessary information to enable EIB to review the projects’ environmental implications, including planning requirements and the eventual impact of the projects on the local environment.

        The projects that are to be financed by Bank of Scotland with EIB funding will be procured in accordance with EU Directives where these apply.

        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.

        Media enquiries

        Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

        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.

        Zero tolerance against fraud and corruption

        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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