Release date: 24 July 2015
Promoter – Financial Intermediary
IRELAND - THE OFFICE OF PUBLIC WORKSLocation
Description
Financing the on-going flood protection and prevention programme in Ireland for the period 2015-2020.
Objectives
The project concerns a number of schemes located throughout Ireland expected to be ready for implementation in 2015-2020.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 200 million
Total cost (Approximate amount)
EUR 430 million
Environmental aspects
Most of the projects are likely to require a comprehensive environmental impact assessment (EIA) according to the EIA Directive. The promoter will be required to send the non-technical summaries of these EIAs to be published on the Bank’s website. Furthermore, the promoter will be required to comply with the Water Framework Directive, as well as the requirements of the Habitats and Birds Directives where appropriate.
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 (Dir. 2004/18/EC and Dir. 2007/66/EC (amending Directives 1989/665/EEC and 1992/13/EEC)), with publication of tender notices in the EU Official Journal, as and where required.
Status
Signed - 17/12/2015
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).