The EBRD is considering financing the Municipality of Medias for a street rehabilitation programme. The Project entails 1) the rehabilitation of urban road infrastructure in small segments within the urban core area of the City; and 2) the combined rehabilitation and on-going maintenance of the local street network in the nearby Ighişul Nou Village, to be tendered together with Performance Based Management and Maintenance of Roads (“PMMR”) contracting.
The project is expected to produce cost reduction and efficiency benefits through the introduction of performance-based contracting in the urban road sector based on PMMR.
Mediaş is the second largest city in Sibiu County and encompasses a population of over 55,000.
A loan of up to € 8 million equivalent.
Up to € 11 million equivalent.
The project has been categorised B in accordance with EBRD's 2008 Environmental and Social Policy. The priority investments into the rehabilitation of the urban road infrastructure are expected to provide environmental, health and safety benefits related to the reduction of air emissions, dust and noise, and improvements to road and pedestrian safety in the City of Medias.
The due diligence is currently on-going. It includes a corporate review of the Client's corporate environmental, health and safety and social management capabilities and procedures in relation to its own workforce and construction contractors, and an analysis of the environmental and social impacts and benefits of the proposed priority investment programme to establish the level of project's compliance with EBRD's Performance Requirements (PRs). An Environmental and Social Action Plan (ESAP) will be prepared and agreed with the Company to address any environmental and social issues identified during the due diligence to achieve and maintain compliance with the Bank's PRs within a reasonable time-frame. The Client will also develop a Stakeholder Engagement Plan, including a grievance mechanism.
This PSD will be updated when the results of due diligence are known.
For business opportunities or procurement, contact the client company.
EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168
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Text of the PIP
Independent Project Accountability Mechanism (IPAM)
If efforts to address environmental, social or public disclosure concerns with the Client or the Bank are unsuccessful (e.g. through the Client’s Project-level grievance mechanism or through direct engagement with Bank management), individuals and organisations may seek to address their concerns through the EBRD’s Independent Project Accountability Mechanism (IPAM).
IPAM independently reviews Project issues that are believed to have caused (or to be likely to cause) harm. The purpose of the Mechanism is: to support dialogue between Project stakeholders to resolve environmental, social and public disclosure issues; to determine whether the Bank has complied with its Environmental and Social Policy or Project-specific provisions of its Access to Information Policy; and where applicable, to address any existing non-compliance with these policies, while preventing future non-compliance by the Bank.
Please visit the Independent Project Accountability Mechanism webpage to find out how to submit a Request for review through our confidential online form, by email, mail or telephone. IPAM is available to discuss your concerns and answer any questions you may have about the submission or handling of Requests, which follow the Project Accountability Policy and Guidance. Requestors’ identities may be kept confidential, upon request.