Release date: 17 August 2006
Promoter – Financial Intermediary
Dumfries & Galloway CouncilLocation
Description
The project is for the construction and refurbishment of ten schools in Dumfries and Galloway and the provision of facilities management services.
Objectives
The Dumfries & Galloway Schools PPP project matches closely with the Bank's priority lending objectives. It has clear links to several EU priority action programmes related to the development of human capital, lifelong learning, regional sustainability, employment, and social and economic cohesion.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to GBP 75 million (EUR 111 million).
Total cost (Approximate amount)
Approximately GBP 120 million (EUR 178 million).
Environmental aspects
The project is consistent with EU environmental policy. In principle, the project is not covered by Directive 97/11/EC Annex II, but once the final proposal is known, this may need to be reviewed.
Procurement
The project concerns works and services under a DBFO contract. EU directives require the concession to be tendered under public procurement rules (Directive 93/38/EEC applies). The project is being internationally competitively tendered through a negotiated procedure following OJEU publication 2006/S21-023502.
Status
Signed - 8/01/2008
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).