NRW.BANK GUTE SCHULE 2020

Promoter – Financial Intermediary

NRW.BANK

Location

• Germany

Description

Support of a joint programme of the German Federal State Nordrhein-Westfalen (NRW) and its promotional bank NRW.BANK to finance the renovation, modernisation, refurbishment and expansion of schools in NRW as well as investments in digital infrastructure in schools.

Objectives

The project supports the Europe 2020 strategy for smart, sustainable and inclusive growth by assisting the Federal State of NRW in providing modern, effective and inclusive education infrastructure. This will help students' adhesion to their schools and their ability to perform at school, thereby reducing the risk of school drop-out and increasing students' prospects for successful integration into the labour market.

Sector(s)

• Education - Education

Proposed EIB finance (Approximate amount)

EUR 800 million

Total cost (Approximate amount)

EUR 1690 million

Environmental aspects

Schools are not specifically mentioned in the Environmental Impact Assessment (EIA) Directive 2011/92/EU, though they are covered by Annex II of the directive in relation to urban development. The need for an EIA will be analysed during appraisal. The public buildings will be required to at least meet the minimum national targets concerning energy efficiency. The design energy performance of the buildings and any specific related targets to be met will be verified during appraisal.

Procurement

The Bank will require the promoter to ensure that contracts for the implementation of the project are tendered in accordance with the relevant applicable EU procurement legislation, Directive 2014/24/EU and Directive 2014/23/EU as applicable as well as Directive 92/13/EEC or Directive 89/665/EEC as interpreted by the Court of Justice of the EU, with publication of tender notices in the Official Journal of the EU, as and where required.

Status

Signed - 13/12/2017