Release date: 9 January 2015
Promoter – Financial Intermediary
UNIVERSITY OF HULLLocation
Description
Capital investment programme dedicated to the development and refurbishment of the University of Hull's campus.
Objectives
The purpose of the project is to construct and refurbish the teaching, research and supporting facilities of the University of Hull (UoH). The project entails the refurbishment of the University's Brynmor Jones library, the refurbishment of the Middleton Hall auditorium, the construction of the new Health Hub-building and the construction of additional student accommodation. The project consists of various energy efficiency refurbishments and Disability Discrimination Act improvement works in order to update the university to current energy efficiency standards. The ultimate aim is to increase the quality of teaching, learning and academic research at the university by updating the facilities.
Sector(s)
- Education - Education
Proposed EIB finance (Approximate amount)
GBP 40 million (EUR 54 million)
Total cost (Approximate amount)
GBP 98 million (EUR 131 million)
Environmental aspects
With proper maintenance, the economic life of the assets supported by the investment is expected to be at least 25 years upon completion. The University of Hull is committed to becoming a more sustainable institution and in doing so continues to reduce its impact on the environment. As a result the University of Hull has completed projects across its asset base to reduce its carbon emissions and has plans for further improvements. All projects for new buildings will have environmental targets as part of the stated requirements, and will monitor energy, carbon and financial savings.
Procurement
The UoH follows public procurement rules. The contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (Directives 2004/18/EC and/or 2004/17/EC as well as Directives 89/665/EEC and 92/13/EEC) as interpreted by the Court of Justice of the EU, with publication of tender notices in the EU Official Journal, as and where required. The UoH procurement policy and practice fully adheres to British law and EU directives. The University's public procurement guidelines competitive process outlines the national procedures to be followed. The procedures implemented by the UoH involve publication in the Official Journal of the European Union (OJEU) and are adequate for the project and acceptable to the Bank.
Status
Signed - 6/05/2015
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).