Priority Schools seeks legal adviser

1 August 2012 The Education Funding Agency (EFA) is seeking a legal adviser for its first bundle of schools in the Priority Schools Building Programme, worth over 200m.

The selected team will advise on the first four batches of schools to be tendered, as well as providing advice on the overall programme. It may also have the opportunity to advise on future batches of the programme, depending on its performance.

Each privately-financed batch is expected to have a capital value of over £50m or over £100m. It is expected that geography will play some part in how projects are bundled, but this is not certain, said one source.

Although Grant Thornton and Ernst and Young have already been chosen back in May to provide financial advice on the procurement of batches, the selected legal team may not necessarily know what schools it will be advising on before it is selected. 

According to a statement from the EFA, the release of projects is likely to be "staggered and the precise timing and structure of this release is still being determined".

A response to the prequalification questionnaire is due by 10 August, with invitation to tender on the 31 August and notification of winner on 17 September.

This page was last updated on:
1 May 2016.

thumb

ESA Trouble

Could ESA10 really save PF2 or even bring back PFI?

House of Funds

Michael Ryan formed Dalmore Capital just when the economy and the PPP pipeline was flatlining. He tells Amanda Nicholls how the fund manager has come out the other side

register

Register now to get un-restricted access to all sections of the website.

Want to see more first? Try our free preview...