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    Signature(s)

    Amount
    € 141,884,222.47
    Countries
    Sector(s)
    United Kingdom : € 141,884,222.47
    Health : € 141,884,222.47
    Signature date(s)
    9/01/2004 : € 141,884,222.47
    Link to source

    Summary sheet

    Release date
    20 July 2001
    Status
    Reference
    Signed | 09/01/2004
    20000492
    Project name
    Promoter - financial intermediary
    North East London PPP Project

    Barking, Havering and Redbridge Hospitals NHS Trust.
    Contact: Duane Passman

    Proposed EIB finance (Approximate amount)
    up to GBP 100 million
    Location
    Sector(s)
    Description
    Objectives

    The project is to provide a single site acute general hospital, including the installation of specified equipment and an information technology system, on a ‘brown field' site in Romford, Essex. On completion of construction, the Concessionaire will provide facilities management and information technology services to the Trust.

    The Project will eliminate the cost and quality penalties associated with split site working and enable the Trust to make full use of modern clinical practices, models of care and technology. The number of beds to be provided is currently under review to ensure adequate levels to meet the requirements of the National Beds Inquiry and the NHS Plan.

    Environmental aspects
    Procurement

    It will enhance the built environment within which staff work and patients receive care. The project will also involve remedial works to a brownfield site which should improve the environmental quality of the public open space retained on the park site. As the new hospital will be built on an area of public open space, ‘compensating' open space will be made available.

    Publication in the OJEC in May 2000.

    Link to source

    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).

    News & Stories

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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 Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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