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    Reference: 20140050
    Release date: 17 March 2014

    Promoter – Financial Intermediary

    PAPWORTH HOSPITAL NHS FOUNDATION TRUST

    Location

    Description

    The reprovision of the Papworth Hospital services in a new purpose built 310 bed hospital on the Cambridge Biomedical Campus adjacent to the Addenbrooke's Hospital, the University of Cambridge School of Clinical Medicine, the Medical Research Council, the Cancer Research UK and other major research organisations. The project is entirely new build on a greenfield site with no retained estate.

    Objectives

    The close proximity of academic departments and clinical services will facilitate research and development and education. From a regional perspective, the further development of Papworth Hospital as a cardiothoracic specialist centre together with the specialist clinical services already on the campus will assist with the wider transformation of service delivery in the region.

    Comments

    Sector(s)

    • Health - Human health and social work activities

    Proposed EIB finance (Approximate amount)

    GBP 46 million (EUR 57 million)

    Total cost (Approximate amount)

    GBP 165 million (EUR 203 million)

    Environmental aspects

    Hospitals are not specifically mentioned in the EIA Directive 2011/92/EU, though the project may be covered in 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 relevant authority. The aim of the project is to improve the care of citizens receiving hospital services and its social value is therefore considered to be positive.

    Procurement

    The project is being carried out as a PPP (PFI) and the competitive dialogue process is being used. The process was launched in the OJEU in August 2010 and is currently at the final stage of negotiations. The Promoter is ensuring that contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (Dir 2004/18/EEC/ or 2004/17/EEC and Dir. 2007/66/EC), with publication of tender notices in the EU Official Journal, as and where appropriate.

    Status

    Signed - 12/03/2015

    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 Health