Release date: 18 April 2012
Promoter – Financial IntermediaryDEPARTMENT OF FINANCE OF IRELAND
The Project involves part-financing the school capital investment programme of the Department of Education and Skills of the Government of Ireland.
The programme comprises the construction, extension and refurbishment of several small-scale (individual cost below EUR 25m) school facilities located all over Ireland. The new schools will have attractive designs and are intended to improve the quality and efficiency of education services delivery.
Proposed EIB finance (Approximate amount)
EUR 100 million
Total cost (Approximate amount)
EUR 211 million
Schools are not specifically mentioned in the EIA Directive on Environmental Impact Assessment, though the project can be covered by Annex II of the Directive in relation to urban development. The Bank’s services will verify during appraisal the EIA screening decision taken by the competent authority.
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, with publication of tender notices in the EU Official Journal, as and where appropriate.
Signed - 6/07/2012
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).