Largest Schools Partnership Contract Signed
January 2006
We advised Northamptonshire County Council on a 32 year PFI contract with Northampton
Schools Limited Partnership owned by Babcock and Brown Properties. The deal signed
on 22 December 2005. The contract is worth around £1 billion over its life and will
bring in capital investment of over £200 million to 41 schools in Northampton. The
successful consortium includes Amey as facilities management provider, Galliford
Try as constructor and Sumitomo Mitsui Banking Corporation as senior lender.
Our team was led by Director Graham Burns, assisted by solicitors Matthew Wolton
and Ann-Marie Davies.
Graham Burns said: “This innovative partnership project will bring much needed capital
investment into the schools estate in Northampton. This was a particularly complex
and challenging project involving new state of the art
BSF standard wording which
will act as a precedent for the Government’s new initiative to transform the Country’s
school estate. We are proud to be associated with the largest schools partnership
contract to date which will be a forerunner for the next generation of
Building Schools for the Future projects. It underlines our commitment to and expertise in
the education sector."
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For More Information Contact:
The Projects Partnership Limited Linton House 164-180 Union St
London SE1 0LH
T: 020 7620 0888
F: 020 7620 0778
E: info@tpplaw.co.uk
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