Client
Worcestershire County Council
Location
Bromsgrove, Worcestershire, England
Bromsgrove Schools
The Bromsgrove Schools PFI replaced seven existing schools across five sites, including two new greenfield campuses. Working with Worcestershire County Council under a 30-year PFI, Invesis delivered schools for pupils from nursery through to sixth form - opening in phases between 2007 and 2008 and providing modern learning environments for thousands of young people in the area.
Financial Close
December 2005
Construction Period
2006 - 2008
Concession Period
30 years
Handback
2038
Client
Worcestershire County Council
Location
Bromsgrove, Worcestershire, England
Sponsor/Investor
Invesis
Consortium
Bromsgrove Schools Ltd
Engineering Procurement and Construction
BAM Construction
Operations and Maintenance
BAM FM
Capital Value
€94m
Supporting Worcestershire County Council to transform education across Bromsgrove and Alvechurch
An education review carried out in 2000 identified a significant shortfall in school places and facilities across the Bromsgrove area, prompting Worcestershire County Council to commission a replacement programme through a 30-year PFI contract.
In 2005, Invesis was selected as sole investor and SPV manager. BAM Construction delivered seven schools across five sites - four on existing school sites and three on new locations, including two greenfield campuses. The schools serve pupils from early years to sixth form: North Bromsgrove High School (1,150 pupils), South Bromsgrove High School (1,290 pupils), Sidemoor First School (300 pupils), a through-school campus combining Parkside and Meadows (780 pupils) and the Alvechurch through school with a new community library (660 pupils). Schools opened in phases between April 2007 and March 2008, with BAM FM providing facilities management. Handback is due in 2038.
