Education Funding Agency to release trajectory of early batches of 拢1.75bn privately-financed Priority Schools alongside first procurement
The Education Funding Agency is aiming to release details of forthcoming batches of the 拢1.75bn privately-financed element of its Priority Schools 好色先生TV Programme (PSBP) when it tenders the first group of schools this spring, it said today.
The EFA鈥檚 director for programme delivery, Mike Coleman, said at a conference in London this morning that he would 鈥渢ry to give information on the batches closely behind鈥� the first group of schools when it is procured.
the EFA is aiming to release the first group of schools in the first part of this year 鈥� nearly a year later than originally expected 鈥� with the delay largely a result of the government鈥檚 work to reform PFI.
Coleman confirmed that, like the directly funded element of the PSBP, batches of schools procured under the government鈥檚 new PFI model, PF2, would be grouped on a geographical basis.
He added that batches would usually contain a combination of primary and secondary schools. Coleman said that where a batch was made up of predominately primary schools, which are of lower value to contractors than secondary, the EFA would 鈥渢ry to scale it to make it more commercially attractive.鈥�
Also at the event, organised by Partnerships Bulletin, the EFA鈥檚 director of capital Mike Green (pictured) said that the delivery body was still considering whether to follow a route of programme level or project level finance for the PF2 schools.
The news comes as the pace quickens on the procurement of the directly-funded element of the PSBP, with another batch of work released to market this week and two more expected by the end of next week.
the London batch, worth in the region of 拢50m, was released for preliminary invitation to tender on Monday, with two more - Midlands 2 and East of England - expected to be issued next week. These batches are expected to be worth about 拢30m and 拢23m respectively.
In addition, it is expected that bidders鈥� days for the two batches of schools in the North-west - thought to be worth a total of about 拢65m - will also be held next week.
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