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    Reference: 20100186
    Release date: 9 June 2010

    Promoter – Financial Intermediary

    Hochtaunus Kliniken gemeinnützige GmbH

    Location

    Description

    The project involves the construction of two new general hospitals with around 473 and 100 beds/places in Bad Homburg and in Usingen.

    Objectives

    The new facilities replace existing outdated facilities mainly built in the 1970s.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 150 million.

    Total cost (Approximate amount)

    EUR 300 million. (EIB estimate)

    Environmental aspects

    Hospitals are not specifically mentioned in the EIA Directive on Environmental Impact Assessment, though the project may be covered by Annex II of the Directive in relation to urban development. The Bank’s services will verify during appraisal whether an EIA is required and the screening decision of the Competent Authority.

    Procurement

    The Promoter is required to respect national and EU legislation applicable to public authorities’ procurement and the Bank requires the Promoter to ensure that all relevant contracts for the implementation of the Project have been, or will be, tendered in accordance with the relevant EU procurement legislation. The Promoter is using the negotiated procedure with prior (open) publication of a contract award notice. The Project’s procurement will be examined during appraisal.

    Status

    Approved - 14/12/2010

    Disclaimer

    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).

    Related tags

    Germany Urban development Health