RFP issued for High School PPP project in USA

Subscribe to our newsletter and get the latest news and business opportunities in your inbox
RFP issued for High School PPP project in USA

Prince George’s County Public Schools (PGCPS) has issued an RFP to the 3 teams shortlisted for Phase 2 of its Blueprint Schools public-private partnership (PPP) program. 

The teams included in the school's DBFM shortlist are as follows:

  • Prince George’s County Education and Community Partners, PGCECP (Fengate, Gilbane – equity);

  • Aspire Education Partners (Balfour Beatty, John Laing – equity);

  • Prince George’s County Education Collective (Plenary Americas, EllisDon Capital – equity, Perkins Eastman – design). 

The contracting authority has also included 2 more schools in the project since the launch of the initial request for proposals, so a total of 8 schools participated in Phase 2. It is anticipated that Phase 2 will use a similar commercial and financial structure. The concession will last 30 years, excluding the 3-year construction period. Availability payment funding will be provided annually by the state - US$25 million, the county - up to US$10 million and PGCPS - US$15 million annually.

The last day to submit the response is July 14, 2023.

 

Share this news

Join us

In order to get full access to News section, you must have a full subscription. You can check all the benefits of becoming a member and purchase a subscription on our membership page.