Allen & Overy advises Neoświat PPP Projects on student dormitory development
Allen & Overy has advised Neoświat PPP Projects, part of French group Bouygues, on the development of Jagiellonian University student dormitories in a public-private-partnership(PPP) deal.
This is the first PPP project in Poland involving a public university and also the first such venture in the public building sector.
The purpose of the project is to upgrade three existing dormitories and improve their adjacent sports and leisure facilities (car park, courts and pitches and catering establishments) for more than 1,000 students.
The project will be implemented as a PPP, where the private partner’s tasks are to design, convert and maintain the Badurskiego Street complex for 25 years. The UJCM will be responsible for the day-to-day management of the complex and obliged to pay remuneration (as an availability fee) to the private partner.
The general contractor is Neoświat PPP Projects, which will adapt the complex to the standards such facilities are expected to meet worldwide.
The Allen & Overy team was led by partner Tomasz Kawczyński, supported by counsels Radomił Charzyński and Kamil Jankielewicz, senior associates Wojciech Pietrasiewicz and Olga Durawa and associate Witold Bartodziej.
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