News / Shortlist for Batch 1 of PF2 schools in the UK

Shortlist for Batch 1 of PF2 schools in the UK

🕔 August 16, 2013
UK politicians urge reconsideration of PPP projects

On 14 August 2013, the Education Funding Agency (EFA) has shortlisted three contractors to compete for the first batch of privately financed priority schools worth £150 million. Wates, Morgan Sindall and a joint venture between Interserve and Kajima have been invited to bid for the contract.InfraPPP understands that around 10-12 firms bid for the batch.The project consists on a contract for the design, build, finance and maintenance of the new educational facilities and provide services for batch 1 of the PSBP programme (seven new build secondary schools) in Hertfordshire, Luton and Reading  for a 25 year term.

The tender process was launched on  July 3 and the preferred bidder is not expected to be named until early next year.
The model will see an 'aggregator' procure debt finance for the five batches of the £1.8 billion PSPB, rather than finding finance for each batch on an ad hoc basis.
Earlier this month the EFA also invited contractors to bid for a second batch of PF2 schools in the north east. This batch is worth £120 million, and includes a dozen schools.
Three more batches will be tendered within the next year.

League Tables

InfraPPP accepts project & transaction submissions to ensure that the data we have in our databases is accurate.

Download Submission Form  Download Submission Form


Subscribe to our newsletter and get in your inbox jobs, news and business opportunities.

PPP Africa Forum
Latin America & Caribbean Gas
Regional Energy
NTA Light Rail

Follow us on Twitter