Pounds 83m Project Will Deliver Four New Secondary Schools; REGENERATION
An pounds 83 million project to deliver four new secondary schools for North Solihull's priority investment and regeneration area, has been closed.
Solihull Borough Council has agreed a deal with a building group established by BAM PPP, which was formerly HBG PFI Projects.
The plan, which forms part of the Government's Building Schools for the Future programme, comprises PFI design, build, finance and operate schemes for three secondary schools and a conventional design and build for a fourth.
The council said the total rebuild structure of the BSF deal - as opposed to the more usual 50:50 rebuild/refurbishment split - reflected national government recognition of the size and scope of Solihull's education transformation programme.
The agreed deal is complemented by a pounds 6 million partnering arrangement with RM to provide education ICT in the new schools.
It also follows the successful close of a pounds 1.8 billion regeneration partnership in 2005.
This innovative arrangement releases value from public land and assets to fund major regeneration investment, including 10 new extended primary schools - the first of which is due to open later this year.
The area will also benefit from new village centres offering key local services, investment in employment, transport and public realm improvements in addition to 8,000 new mixed-tenure homes.
All of the new schools will have state-of-the-art facilities, including wide, useable corridors, classrooms with excellent ventilation and natural light, and open spaces to create a first-rate learning environment. …