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Reference: 20150506
Release date: 3 December 2015

Promoter – Financial Intermediary

LAND BRANDENBURG

Location

Description

Modernisation, construction and rehabilitation of buildings located at public universities and universities of applied sciences in the Federal State of Brandenburg, Germany

Objectives

The project aims to support the promoter's efforts to further increase the quality of research and tertiary education in Brandenburg.

Sector(s)

Proposed EIB finance (Approximate amount)

EUR 70 million

Total cost (Approximate amount)

EUR 140 million

Environmental aspects

The project covers universities and research facilities of a kind which are not specifically mentioned in the Environmental Impact Assessment (EIA) Directive 2011/92/EU, though the project is covered by Annex II of that directive in relation to urban development. The Bank's services will verify during appraisal whether an EIA is required by the competent authority. The public building will have to meet at least the relevant national targets concerning energy efficiency. The energy performance designs of the new and renovated buildings will be verified during 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 publication of tender notices in the EU Official Journal, as and where required.

Status

Signed - 25/05/2016

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

Germany Services Education