Project Details

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Results Chart for Delivery Method and Financing

Delivery Method

DBOM Partially Public Finance
# of Projects: 1
100% of the Results

Background informationProject Created: July 23, 2009

Project Name: Conwy Schools Project
Year in Operation:
Sector: Buildings
Subsector: School
Status: Design / Construction
Type: New Facility
Description: The project consists of the building and refurbishing of 3 secondary schools. Two of the schools will be refurbished while one will be relocated to another site and rebuilt. The release of the old land site will be used to reduce the overall costs of the scheme.
Delivery Method as described in the country where it's located: Public Private Partnership
Is the project still active: Yes
Comments: PFI. Another BSF (Building Schools for the Future) project funded by the central government to promote private sector involvement in educational facilities.

Project Locations

City: Conwy
Country: United Kingdom of Great Britain & Northern Ireland

Souces of Project Support (Non-monetary)

Checkbox Checked Access to Land: The land is owned by the Welsh Assembly Government.
Checkbox Checked Revenue Stream (Cash Flow) Protected Through Long Term Commitment(s) of Public Sponsor(s): The private sector entity will operate and maintain the schools for a concession period of 25 years.

Souces of Project Support (Monetary)

Checkbox Checked

From Public (Government) Sources to Producers: The project is financed by the Crown government.

Project Delivery & Finance Method

Project Delivery:
All Public Finance. Public Sponsor contracts for initial design, and separately contracts for initial construction. Public Owner operates and maintains the resulting facility.
Is there an independant checking engineer? Yes
Project Finance Method: All or Partially By Public Sponsor

Procurement Approach

Project Component
Based Selection
Request for
Request for
for Bids

Term for Key Components & Forms of Contract

Project Component
Combined Term: Initial Design, Construction, O&M Period
PUK School Standard Form PFI Contracts 

Project Value (If and As Known)

Date of Estimated Project Value: March 12, 2003
Project Value
Hard Cost
Hard & Soft Costs
< $100 Million US


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