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 27, 2009

Project Name: Exeter Group Schools Project
Year in Operation: 2005
Sector: Buildings
Subsector: School
Status: In Operation
Type: New Facility
Description: The project consists of the redevelopment and new building of one primary school and five high schools in Exeter.
Delivery Method as described in the country where it's located: Public Private Partnership
Is the project still active: Yes
Comments: PFI

Project Locations

Address:
City: Exeter
State:
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 Devon County local government and the Crown 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 28 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
Qualifications
Based Selection
Request for
Qualifications
Request for
Proposals
Invitation
for Bids
Unsolicited
Proposals

Term for Key Components & Forms of Contract

Project Component
Years
Quarters
Combined Term: Initial Design, Construction, O&M Period
28
0
Forms
Description
Other
PUK School Standard Form PFI Contracts 

Project Value (If and As Known)

Date of Estimated Project Value: March 26, 2004
Project Value
Hard Cost
Hard & Soft Costs
Construction
$100-250 Million US
(none)

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