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Reference: 20110628
Release date: 18 April 2012

Promoter – Financial Intermediary

DEPARTMENT OF FINANCE OF IRELAND

Location

Description

The Project involves part-financing the school capital investment programme of the Department of Education and Skills of the Government of Ireland.

Objectives

The programme comprises the construction, extension and refurbishment of several small-scale (individual cost below EUR 25m) school facilities located all over Ireland. The new schools will have attractive designs and are intended to improve the quality and efficiency of education services delivery.

Sector(s)

Proposed EIB finance (Approximate amount)

EUR 100 million

Total cost (Approximate amount)

EUR 211 million

Environmental aspects

Schools are not specifically mentioned in the EIA Directive on Environmental Impact Assessment, though the project can be covered by Annex II of the Directive in relation to urban development. The Bank’s services will verify during appraisal the EIA screening decision taken by the competent authority.

Procurement

The Bank will require the promoter to ensure that all relevant contracts for the implementation of the project have been or shall be tendered in accordance with the relevant EU procurement legislation, with publication of tender notices in the EU Official Journal, as and where appropriate.

Status

Signed - 6/07/2012

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

Ireland Education