Release date: 3 October 2007
Promoter – Financial Intermediary
University of WorcesterHenwick Grove,
Worcester, WR2 6AJ, United Kingdom
Contact Name: Dr Martin Doughty, Pro Vice Chancellor
Location
Description
The proposed project consists of the development of a major programme of improvement and development involving two main project areas: - the development of an entirely new, purpose-built second campus in the centre of the City of Worcester; and - the masterplanning and enhancement of its existing campus at St John’s, Worcester.
Objectives
The project is a core part of an ongoing investment programme at the University of Worcester to expand, improve and rationalise its infrastructure, in order to provide the growing student population with improved quality of education and to expand accommodation facilities.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to GBP 50 million. (under an existing Education Framework Facility with Barclays Bank plc, London)
Total cost (Approximate amount)
Up to GBP 200 million.
Environmental aspects
The project comprises the construction of new facilities for educational activities. 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 project by virtue of its nature, size or location, appears unlikely to have a significant effect on environment. The basis for requesting an EIA by the competent authorities, the local planning and approval process and actual/possible significant impacts on protected flora and fauna (Habitats’ and Birds’ Directives) will be verified during project appraisal.
Procurement
Higher Education Institutions in the UK and Local Authorities are required by LSC to follow EU procurement guidelines. During appraisal, the EIB team will verify that the University follows EU procurement directives and publishes and tender projects according to generally established and internationally accepted procedures.
Status
Under appraisal - 3/10/2007
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).