Background informationProject Created: July 23, 2009
Conwy Schools Project
Year in Operation:
Design / Construction
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:
PFI. Another BSF (Building Schools for the Future) project funded by the central government to promote private sector involvement in educational facilities.
United Kingdom of Great Britain & Northern Ireland
Souces of Project Support (Non-monetary)
Access to Land: The land is owned by the Welsh Assembly Government.
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)
From Public (Government) Sources to Producers: The project is financed by the Crown government.
Project Delivery & Finance Method
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
Qualifications Based Selection
Request for Qualifications
Request for Proposals
Invitation for Bids
Term for Key Components & Forms of Contract
Combined Term: Initial Design, Construction, O&M Period