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    Reference: 20220320
    Release date: 5 September 2022

    Promoter – Financial Intermediary

    COMUNIDAD AUTONOMA DE MADRID

    Location

    Description

    The project concerns the Madrid City of Justice that will integrate in one single place all judicial bodies and services that are under the competences of the Autonomous Region of Madrid (Comunidad Autónoma de Madrid) and will constitute the largest single site dedicated to justice in Europe.

    Objectives

    The main objective of the project is to improve the quality of the public service of the Administration of Justice, also pursuing the following objectives: -Centralise the judicial buildings in the same headquarters, solving the space deficit and the aging of some of the current buildings -Generate reserve spaces, in order to cater for future extensions of the judicial administration in Madrid -Improve the effectiveness and functioning of the judicial bodies, eliminating the reduction in the operability of the Administration of Justice derived from the dispersion of the judicial offices -Provide modern and functional infrastructures to the judicial bodies of Madrid, so legal officers can carry out their activities with the best possible quality parameters -Protect victims of crimes and the privacy of users, implementing spaces for specific attention and separation of circulations between detainees, officials and the public -Creation of fully accessible judicial infrastructure, without architectural barriers and with the implementation of the necessary measures to achieve universal accessibility in judicial buildings, which allows effective access to justice for all persons with disabilities, under equal conditions as the rest of the users of this essential public service -Optimise resources by reducing the costs associated with the lease of the buildings, the maintenance and upkeep of the facilities, as well as the costs associated with common services, through the configuration of a single project that enables the achievement of efficiency gains by managing all the lifecycle costs of a single infrastructure -Contribute to achieving the objectives of budgetary stability or financial sustainability, promoting in the long term a reduction in costs derived from the operational functioning of the service

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 250 million

    Total cost (Approximate amount)

    EUR 564 million

    Environmental aspects

    Compliance with the relevant EU Directives will be verified during appraisal stage: EIA Directive 2011/92/EU amended by the EIA Directive 2014/52/EU, SEA Directive 2001/42/EC, EU Habitats Directive 92/43/EEC and EU Birds Directive 2009/147/EC. The status of any environmental studies and public consultations related to the investments will be reviewed during project appraisal. Energy efficiency requirements in line with the EU Directive on the Energy Performance of Buildings 2010/31/EU will also be further assessed. It is envisaged that the project will contribute to urban regeneration and sustainable urban development in the neighbourhood, generating significant positive social and economic benefits, including better living conditions thanks to increased services and public transport and job creation during implementation. All these elements will be evaluated during the appraisal of the project.

    Procurement

    The Bank will require the Promoter to ensure that contracts for implementation of the project will be tendered in accordance with the applicable EU procurement legislation, Directive 2014/23/EU 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

    Under appraisal - 28/06/2022

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Related tags

    Spain Urban development Services