EU funds for roads - CEDR

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Page 52 / 80 Fig. 22: Slovenia - Beltinci-Lendava Application Documents A) Corporate lending: EIB → Borrower/Promoter → Project Individual loans for projects over €25 million may be requested directly from the EIB. The layout and content of documents to be submitted to the EIB are the responsibility of the project promoter. Given the range and diversity of potential projects, there is no standardised documentation requirement. The bank does not require its borrowers to complete set forms or questionnaires. As a general rule, the EIB expects to receive a comprehensive Feasibility Study. Where this has not been prepared, the project promoter may use his own discretion in compiling detailed information to permit the technical, environmental, economic, financial, and legal appraisal of projects. The following documentation list is intended as a guideline for application for a loan. Additional information may be subsequently required. • Information concerning the borrower/promoter General information about the enterprise (or institution), its legal status, principal partners and shareholders, organisational structure: • Development of a competitive, innovative, and knowledge-based European economy (i2i) • Investment in human capital (schools, universities, laboratories, research centres, hospitals etc.) • Natural and urban environment schemes (water, waste, cleaner air, urban transport etc.) • Development of small and medium sized enterprises • Industrial projects improving EU competitiveness • Projects that support the EU’s external cooperation and development policies EU funds for roads
Page 53 / 80 Where the proposed borrower of the EIB loan is not the same as the promoter of the project, similar information is required from both. Legal documents covering incorporation, statutes, activities, accounting policies, management, ownership, audited financial statements (balance sheets, profit and loss and cash flow statements) for the last three financial years, details of short-, medium-, and long-term liabilities, dividend distribution policy, and financial forecasts. • Technical and environmental data: Information concerning the project General purpose, justification, and location (rated and forecast capacity). Legal status of the proposed project, relationship with the borrower/promoter’s other activities, licences and concessions obtained. Technical description: Technology, site development, buildings, production and storage plant, general services, transport systems and equipment. Environmental impact assessment, where relevant and appropriate, including reference to relevant laws, mitigating measures to protect the environment, specific studies. Engineering studies and implementation plan: consultants (if any), procedures for tendering and awarding contracts, supervision, works schedule, and implementation timetable. Detailed cost estimate, itemising site and plant expenditure, provision for physical and price contingencies, interest during construction, initial and start-up expenses, together with a breakdown in foreign and local currencies. Operation: Raw materials and products, flowcharts, consumption and output levels, managerial staff and workers, management organisation, technical assistance where applicable. Financial data: Breakdown of project operating and maintenance costs, depreciation and overheads. Financing plan for the project and schedule of projected expenditure. Projected cash flows, profit and loss accounts, and balance sheets, until the project is expected to come fully on stream. Estimate of project working capital requirements over time. Calculation of the project’s IRR. Security and guarantees offered. B) Project finance: EIB Project Promoter In addition to the above information regarding the promoter(s) and the project, the following are required: - A description of the project’s envisaged commercial structure and risk allocation i.e. a description of the purpose of the project, any envisaged off-take (revenue) or supply contracts (including construction and operation/maintenance) and the parties to these contracts (including their experience in the domain of the project and their credit standing). EU funds for roads
Page 2 and 3: Page 2 / 80 Authors: This report wa
Page 4 and 5: Page 4 / 80 EU funds provide subsid
Page 6 and 7: Page 6 / 80 Table of contents Execu
Page 8 and 9: Page 8 / 80 Of all the EU funds lis
Page 10 and 11: Page 10 / 80 1.1.2 EU funds for non
Page 12 and 13: Page 12 / 80 • Post-accession fun
Page 14 and 15: Page 14 / 80 25 20 15 10 2007-2013
Page 16 and 17: Page 16 / 80 - National governments
Page 18 and 19: Page 18 / 80 The EIB makes long-ter
Page 20 and 21: Page 20 / 80 In addition to its usu
Page 22 and 23: Page 22 / 80 Recent EIB initiatives
Page 24 and 25: Page 24 / 80 1.2 EU funds for roads
Page 26 and 27: Page 26 / 80 o Other Funds The Euro
Page 28 and 29: Page 28 / 80 - - - - PPP/concession
Page 30 and 31: Page 30 / 80 Considering the limits
Page 32 and 33: Page 32 / 80 Design Construction Ma
Page 34 and 35: Page 34 / 80 40 35 30 25 20 15 10 5
Page 36 and 37: Page 36 / 80 Country profiles Annex
Page 38 and 39: Page 38 / 80 2008, 2009 application
Page 40 and 41: Page 40 / 80 2.1.1 The allocation o
Page 42 and 43: Page 42 / 80 Fig. 19: Estonia - E26
Page 44 and 45: Page 44 / 80 The competent EC Servi
Page 46 and 47: - The Page 46 / 80 After discussion
Page 48 and 49: Page 48 / 80 The preparation of a
Page 50 and 51: Page 50 / 80 Such issues are: ♦
Page 54 and 55: Page 54 / 80 - An analysis of the p
Page 56 and 57: Page 56 / 80 e) The eligibility of
Page 58 and 59: Page 58 / 80 The allocation of thes
Page 60 and 61: Page 60 / 80 ANNEX 2: Information o
Page 62 and 63: Page 62 / 80 ANNEX 3: Titles of cur
Page 64 and 65: Page 64 / 80 Once the EIB has becom
Page 66 and 67: Page 66 / 80 Funding of road projec
Page 80: Ref: CEDR report 2010/01 TDManageme

EU funds for roads - CEDR

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