Release date: 20 June 2006
Promoter – Financial Intermediary
Commune of Bologna
Piazza Maggiore, 6 - 40121 Bologna
Contact person: Silvia Guerra
Location
Description
The project concerns the funding of European interest schemes included in the city’s medium-term public works programme (Programma triennale dei lavori pubblici 2006-2008). The present project constitutes the third operation of this type with the municipality.
Objectives
The schemes will improve the urban environment and the urban fabric in the city of Bologna, achieving various valuable objectives including sustainable transport, conservation and re-use of heritage, urban renewal, and improvement in the delivery of social services to the resident population.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 150 million.
Total cost (Approximate amount)
Up to EUR 350 million.
Environmental aspects
The relevant directives have been transposed into regional law and the municipality is required to follow them. The Bank will request in particular that EIA and natural reserve requirements are strictly adhered to. Most of the schemes included in this operation are however small sized and unlikely to require EIA or impact on nature reserve areas, and the project will have a favourable net effect on the environment.
Procurement
The municipality follows European procurement procedures and all contracts over the relevant thresholds will be subject to international tendering with OJEU publication.
Status
Signed - 28/11/2006
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).