Release date: 24 July 2007
Promoter – Financial Intermediary
Prince Charles Avenue
Derbyshire DE22 4LR
Attn. Mr Jon Mold
Upgrading and expansion to the Joseph Wright Centre.Restoration and refurbishment of buildings in the city centre at Roundhouse.
The Roundhouse project is a core part of an ongoing investment programme at Derby College to improve and rationalise its infrastructure in order to provide the growing student population with improved quality of education and to expand accommodation facilities.
Proposed EIB finance (Approximate amount)
Up to GBP 7 million. (under an existing Education Framework Facility with Barclays Bank plc, London)
Total cost (Approximate amount)
Up to GBP 36 million. (excluding VAT)
Council Directive 97/11/EEC on Environmental Impact Assessment (EIA), as amended by 2003/35, does not specifically mention facilities for higher education, but these could in some circumstances be seen as urban development projects. (thus falling under Annex II of the Directive) The necessity for an EIA by the competent authorities, the local planning and approval process and actual or possible impacts on protected flora and fauna (Habitats’ and Birds’ Directives) will be verified during project appraisal.
English Further Education colleges, including Derby College, are required by the Learning and Skills Council to follow EU procurement guidelines.
Under appraisal - 24/07/2007
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).