24 February 2016
Promoter – Financial Intermediary
CITY OF RADOM
Small and medium investment schemes in the City of Radom, relating mainly to road infrastructure, education, social housing and public administration.
The proposed project is a framework loan to finance small and medium investment schemes in the city, mainly relating to road infrastructure, education, social housing and public administration, which contribute to the city's development strategy. Eligible schemes will include urban roads, revitalisation and renewal, modernisation of public facilities. It is expected that some of the schemes will be co-financed by EC Structural Funds (Regional Operational Programme).
Proposed EIB finance (Approximate amount)
PLN 180 million (EUR 40 million)
Total cost (Approximate amount)
PLN 410 million (EUR 92 million)
The project comprises a multi-scheme operation, and it is a requirement that all schemes are implemented in compliance with EU environmental legislation. Some schemes may fall under Annex II of the Environmental Impact Assessment (EIA) Directive 2011/92/EU. Should any scheme have a negative impact on Natura 2000 areas, or fall under the Habitats Directive 92/43/EEC or Birds Directive 79/409/EEC, the Bank would require the promoter to act according to the provisions of the aforementioned directives. The promoter will also ensure the application of energy efficiency directives in related schemes, in particular Directive 2010/31/EU on the energy performance of buildings and Directive 2012/27/EU on energy efficiency.
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, or 2014/24/EU where applicable, and/or 2004/17/EC or 2014/25/EU where applicable, and/or 2014/23/EU where applicable, 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.
Signed - 1/12/2016