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    Reference: 20130539
    Release date: 23 April 2015

    Promoter – Financial Intermediary

    UNIVERSITY OF KENT

    Location

    Description

    The project concerns the refurbishment of existing teaching and research buildings and construction of new general buildings at the current University of Kent campuses.

    Objectives

    The objective is to expand, update and improve the quality of the teaching and research facilities of the university. The refurbishment and restructuring of academic and administrative space aims to improve spaces and facilities within schools, to cater for growth in student and staff numbers and to enhance the overall student experience. The project will also improve the energy efficiency of the premises.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    GBP 75 million

    Total cost (Approximate amount)

    GBP 158 million

    Environmental aspects

    Universities and research institutions are not specifically mentioned in the directive on environmental impact assessment (EIA). An EIA is therefore not required in accordance with the EIA Directive 2011/92/EU. However, parts of the investment cover the construction of new facilities and therefore 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 for any component of the project.

    Procurement

    The Bank will require the university to ensure that contracts for the implementation of their projects have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (Dir. 2004/18/EC or 2004/17/EC and Dir. 2007/66/EC), with publication of tender notices in the EU Official Journal, as and where appropriate.

    Status

    Signed - 23/04/2015

    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).

    Related tags

    United Kingdom Education