Release date: 11 October 2007
Promoter – Financial Intermediary
North Bristol NHS Trust.The Trust is a public body corporate employing nearly 8,500 staff and is responsible for the provision of medical services to a population of approximately 400,000 in the North Bristol, South Gloucestershire and North Somerset regions of England.
Location
Description
The construction of a 947 bed acute hospital and a 28 bed community hospital on the Southmead site in Bristol, combined with the provision of (hard) facilities management services.
Objectives
The project will centralize and streamline the clinical services of the Trust, which are now scattered over two separate sites and it will address the current sub-standard environments. The facilities are planned to open in 2013.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to 50% of senior debt.
Total cost (Approximate amount)
GBP 400 million. (EUR 590 million.)
Environmental aspects
The selected PFI provider will be responsible for obtaining and implementing all development consents, including full planning permission. The project is supported by an Environmental Impact Assessment.
Procurement
The hospital project is procured in accordance with relevant EU Directives. It is expected that the preferred bidder will be selected by mid 2008.
Status
Signed - 25/02/2010
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).