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    Reference: 20180023
    Release date: 31 July 2018

    Promoter – Financial Intermediary

    LAND BERLIN

    Location

    Description

    The project co-finances the operating expenditures specifically for R&D activities incurred by the beneficiary organisations during 2019. These expenditures cover the salaries of qualified research personnel, in proportion to the time that they dedicate to research. The financing excludes administration costs and other operating expenditures not related to the performance of R&D activities. The project also excludes capital expenditure and all private R&D expenditure by business enterprises.

    Objectives

    The project aims to strengthen research in Berlin.

    Comments

    Under appraisal

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 190 million

    Total cost (Approximate amount)

    EUR 384 million

    Environmental aspects

    The project concerns public research to be carried out in existing facilities, already authorised for the same purpose and not expecting materially to change current research and development (R&D) practices at these institutions. The project will therefore not require an Environmental Impact Assessment (EIA) under Directive 2011/92/EU. The project may also include research activities on live animals for scientific purposes. The compliance of the promoter's standards and methodologies with Directive 2010/63/EU will be verified during the appraisal. Full environmental details will be assessed during the appraisal.

    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 the publication of tender notices in the Official Journal of the EU, as and where required.

    Status

    Signed - 1/10/2019

    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

    Germany Education Services