PRESS RELEASE

The European Central Bank formally closes the public tender for a general contractor to build the new ECB premises

25 June 2008

Today, the European Central Bank (ECB) has decided to formally close the international tender for a general contractor to construct the new ECB premises.

The public tender procedure, which was launched in August 2007, did not produce a satisfactory economic result, as the ECB’s estimated budget was considerably exceeded. The ECB, which has consistently demonstrated its resolute commitment to the responsible use of resources, has therefore decided to formally close the tender procedure.

Over the coming weeks, the ECB will carry out an in-depth analysis of the various options for the next steps in the New ECB Premises project. The outcome of this assessment will be communicated in due course.

New ECB Premises

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