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    Reference: 20150231
    Release date: 20 May 2015

    Promoter – Financial Intermediary

    PUBLIC ENTITY(IES)

    Location

    Description

    New construction of nine school and kindergarten campuses in the City of Vienna under a public-private partnership (PPP) scheme

    Objectives

    The programme involves the construction of 10 educational facilities in the period 2012-2023 by way of the Vienna "Campus plus" concept, implementing a modern, state-of-the-art pedagogical concept. While the pilot project (Bildungscampus Attemsgasse) is currently under tender, the programme under appraisal by EIB comprises 9 educational facilities.The individual projects will be procured under "Design-Build-Finance-Operate-Maintain" (DBFOM) PPP contracts.

    Comments

    The project cost is not disclosed as the projects will be subject to Europe-wide tender procedures.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 69 million

    Total cost (Approximate amount)

    EUR 573 million

    Environmental aspects

    Educational facilities are not specifically mentioned in Directive 2011/92/EU on environmental impact assessment (EIA), 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 the screening decision of the relevant authority and whether an EIA is required.

    Procurement

    The programme under appraisal comprises 9 individual school projects, which will be individually tendered. The Bank requires the promoter to ensure that contracts for the implementation of the individual projects will be tendered in accordance with the relevant applicable EU procurement legislation (Directives 2004/18/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 appropriate.

    Status

    Approved - 22/09/2015

    Disclaimer

    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).

    Related tags

    Austria Education