Project description
and objectives:
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The proposed project consists of a EUR 5 million senior long term loan to
Pulapromet Ltd, municipal public transport company, for renovation of the bus
fleet, i.e. purchase of up to 22 new buses.
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Transition
impact:
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The proposed project is expected to provide transition impact through the
following:
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Improved commercialisation and corporate governance of the company, including
introduction of the Municipal Support Agreement (MSA) and Public Service
Contract (PSC);
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Development of a sustainable transport strategy in the City of Pula with
preparation for private sector participation in parking;
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Providing framework for markets and demonstration effect -replication of
transaction structure, notably use of MSA and MC in traffic management sector
in Croatia
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The client:
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Pula Promet Ltd, the municipal public transport company providing transport
and affiliated services in wider Pula area. The City of Pula will provide
project support through MSA.
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EBRD
finance:
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The EBRD is expected to provide a long-term senior loan of approximately EUR 5
million to the City.
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Total project cost:
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The proposed project is expected to cost approximately EUR 6.6 million.
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Environmental impact:
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The project has been screened B/1.
The introduction of a new bus fleet (Euro II and Euro III standards) will help
develop public transport alternatives as well as reduce traffic congestion,
noise and air pollution in the City of Pula. The buses to be purchased will
need to comply with national and EU standards for air emissions. An
environmental audit of the existing bus maintenance workshop(s) will be needed
to identify any environmental risks and liabilities due to possible poor
environmental management (e.g. improper storage and disposal of oils and
fuel). The Environmental Analysis will focus on confirming that the tender
specifications address reduction of air emission and implementation of fuel
efficiency requirements and accessibility, as well as on quantifying the
environmental benefits of the project. The OT will need to liaise with ED in
order to complete environmental due diligence prior to Final Review.
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Technical
cooperation:
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Pre-signing
The consultants funded under the Framework for Technical Assistance to
Croatian Municipalities (Funded by the Government of Netherlands) will assist
in project preparation and as follows:
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Pre-signing phase (EUR 50,000) - Project preparation, including assistance
with the Procurement of Buses, Environmental Audit and preparation of a Public
Service Contract;
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Post-signing – TC funding to be identified :
Post-signing phase (EUR 250,000) - Sustainable transport strategy study that
will examine options and produce recommendations related to:
(i) commercialisation and restructuring for public transport system;
(ii) institutional strengthening within the City, including a Public Transport
Management Unit to manage the sector;
(iv) parking strategy and investment development plan and
(v) private-public-partnership options for the development of the new parking
facilities in the City.
For consultant opportunities for projects financed by technical cooperation
funds, visit procurement
of consultants.
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EBRD contact:
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Davor Indic, Operation Leader: indicd@ebrd.com
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Procurement or tendering
opportunities:
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Visit EBRD Procurement
Enquiries: Tel: +44 20 7338 6794; Fax: +44 20 7338 7472, Email: procurement@ebrd.com
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General
enquiries:
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EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168; Fax: +44 20 7338 7380
Email: projectenquiries@ebrd.com
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