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    Signature(s)

    Amount
    € 80,137,378.36
    Countries
    Sector(s)
    United Kingdom : € 80,137,378.36
    Education : € 80,137,378.36
    Signature date(s)
    5/08/2013 : € 80,137,378.36

    Summary sheet

    Release date
    20 November 2014
    Status
    Reference
    Signed | 05/08/2013
    20130536
    Project name
    Promoter - financial intermediary
    UNIVERSITY OF EXETER
    UNIVERSITY OF EXETER
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    GBP 70 million (EUR 84 million)
    GBP 140 million (EUR 167 million)
    Location
    Sector(s)
    Description
    Objectives

    The programme loan aims to fund a range of capex investments in British research-intensive higher education institutions.

    The project concerns the refurbishment of existing teaching and research buildings and construction of new general teaching and residence buildings at the current University of Exeter campuses. The objective is to expand, update and improve the quality of the teaching and research facilities of the university.

    Environmental aspects
    Procurement

    Universities and research institutions are not specifically mentioned in the annexes I and II of the EIA Directive 2011/92/EU and therefore do not require a mandatory Environmental Impact Assessment. However, parts of the investment cover the construction of new facilities and therefore may be covered by Annex II of the Directive in relation to urban development. The Bank's services will verify during appraisal whether an EIA is required for any component of the project.

    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 (Dir. 2004/18/EEC/ or 2004/17/EEC and Dir. 2007/66/EC), with publication of tender notices in the EU Official Journal, as and where appropriate.

    Related projects

    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).

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    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
    Alternatively, the EIB can be contacted through its external offices.
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    The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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