POLISH ACADEMY OF SCIENCES II

Promoter – Financial Intermediary

REPUBLIQUE DE POLOGNE - MINISTRY OF SCIENCE AND HIGHER EDUCATION

Location

• Poland

Description

Financing of tangible and intangible investment costs incurred by institutes and research units belonging to the Polish Academy of Sciences.

Objectives

The project contributes to the European Research Area (ERA), and Horizon 2020 objectives as well as to the Bank's priorities on innovation and skills. Moreover, the project contributes to the strengthening of research and development (R&D) potential in a convergence region. As such, the project is eligible for EIB finance under Article 309 of the EU Treaty, points c) common interest - knowledge economy (research and development) and a) projects for developing less-developed regions - convergence.

Sector(s)

• Services

Proposed EIB finance (Approximate amount)

EUR 130 million

Total cost (Approximate amount)

EUR 303 million

Environmental aspects

The project will finance the basic scientific activities and academic operations of the Academy. The Bank services will verify if environmental impact assessment (EIA) in accordance with EIA Directive 2011/92/EU will be required for any project component. For new and refurbished buildings Directive 2010/31/EU on energy performance of buildings will apply. The project may lead to outcomes with improved environmental characteristics.

Procurement

The Bank will require the promoter to ensure that 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.

Status

Signed - 4/03/2016