Release date: 3 August 2007
Promoter – Financial Intermediary
Federal State Rhineland-PalatinateLocation
Description
The project concerns the financing of state contributions to the school infrastructure investments.
Objectives
The programme supports investments in new facilities as well has the rehabilitation and modernisation of existing infrastructures.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 200 million.
Total cost (Approximate amount)
EUR 400 million.
Environmental aspects
Schools are not specifically mentioned in the EIA Directive on Environmental Impact Assessment, though the project is covered by Annex II of the Directive in relation to urban development. The Bank’s services will verify during appraisal the EIA screening decision of the Competent Authority.
Procurement
The promoter is required to respect national and European legislation applicable to public authorities’ procurement. The Bank will require the promoter to ensure that all relevant contracts for the implementation of the project have been or shall be tendered in accordance with the relevant EU procurement legislation. The detailed procurement issues will be studied during appraisal.
Status
Signed - 12/11/2007
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).