£5Bn regional schools framework launched

£5Bn regional schools framework launched

The Education Funding Agency will invite bids next month for a £5Bn regional framework for smaller value upgrades to schools in England.

 

The four year framework will start in July next year. Full details of the plans will be unveiled at a suppliers day to be held in Sheffield later this month. Contracts will be mainly for refurbishment and remodelling of existing schools rather than new builds, and will be mostly valued at between around £3 million and £5 million, but could be as big as £10 million or as low as £200,000.

 

The agency has said however that companies with turnover below £25 million in each region that they bid for will not be invited to tender, which excludes most regional contractors and is likely to prove controversial as it goes against government commitments to supporting smaller contractors and suppliers.

 

England will be divided up into five funding regions, with seven firms admitted to the framework in each region, eight in the south east. The most money, £1.75Bn, will be allocated to London and the South East with £1Bn earmarked for the Midlands. The North East, North West and South West will each receive £750 million.

 

The frameworks will the whole range of educational establishments, including the Conservatives’ flagship free schools to university technical colleges, studio schools and Academies’ Capital Maintenance Funded schemes.

 

Bids will be invited on 25th November with the winning contractors to be announced in the New Year. The schemes are expected to run up until summer 2018

Please rate

Comments 

Ctrl + Enter

Most Read

How candidates can approach recruiters and land that job!

How candidates can approach recruiters and land that job!

If you go to a career fair, there are bound to be tons of recruiters and eager students vying for limited positions. However, the big question is, how do you stand out from the other multitude of job seekers?   It is true that not everybody is great at networking and not everybody knows how

How to make giant strides in the water industry

How to make giant strides in the water industry

A cumulative total of 44 billion pounds will reportedly be spent by water companies in England and Wales over a management period that spans over a five-year period up till 2020. It is expected that midway through this management period; several water companies would have enough capital to execute

This website uses cookies to enhance your user experience. By continuing to use this site, you consent to our use of these cookies. See our Cookie Policy.