CITY OF GLASGOW COLLEGE PPP

Promoter – Financial Intermediary

City of Glasgow College

Location

• United Kingdom

Description

Design, construction and maintenance of a new campus for the City of Glasgow College on existing college land in Glasgow city centre and on the banks of the River Clyde using the NPD (Non-Profit Distributing) procurement model.

Objectives

The new estate will allow the college to realise its educational vision and provide its learning community with fit-for-purpose facilities. The investment will deliver significant educational benefits as well as improve quality and efficiency of the buildings. It will create a sustainable estate that adheres to the Government’s commitment to quality education, urban regeneration and carbon reduction. The project is consistent with the EU actions aimed at increasing access to lifelong learning, the quality of education, and the formation of human capital for employment and social inclusion.

Comments

Sector(s)

• Education - Education

Proposed EIB finance (Approximate amount)

GBP 83 million (EUR 104 million)

Total cost (Approximate amount)

GBP 246 million (EUR 308 million)

Environmental aspects

Colleges / Universities are not specifically mentioned in the EIA Directive on Environmental Impact Assessment, but the project should fall under Annex II of EIA Directive 2011/92/EU with respect to urban development. Social and environmental aspects including compliance with the Habitats and Birds directives will be checked during the project’s due diligence phase as well as any issues related to historical and cultural heritage.

Procurement

The promoter is required to respect national and European procurement legislation. The Bank requires the promoter to ensure that all relevant contracts for the implementation of the project have been tendered, or will be tendered, in accordance with the relevant EU procurement legislation. The procurement issues will be studied during appraisal.

Status

Signed - 30/08/2013