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15th October 2012
The Education Funding Agency (EFA) has released details of the first schools to come to market through the Priority Schools Building Programme (PSBP) after holding a briefing with the contractors from the northern section of the academies framework.
The EFA have confirmed that the first batch of schools to come to market through the £400m capital funded part of the PSBP, covers the North East, comprising nine schools worth between £60-£64m.
The specific schools are:
The second batch to be released will cover the Midlands, and will solely include six schools in Coventry, worth between £32-£36m. While the third batch to go to market will cover London, comprising five schools worth between £44-£54m in the local authorities of Barnet, Greenwich, Lambeth, Newham and Waltham Forest.
Further batches are as follows, but details are yet to be released.
Also, Glenigan has obtained information, via our network of industry contacts, indicating that Goole High School and Hessle High School and Sixth Form College within East Riding, Yorkshire, have been transferred from PFI funding to join the existing 42 schools allocated the £400m capital funding.
Of the remaining 217 PFI funded schools, the first batch to be procured will go to market around the end of 2012, while we await the review of the PFI model, due to be released by the government in the autumn statement in December 2012.
Contact Glenigan on 0800 373 771, email firstname.lastname@example.org or via live chat to find out more.
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