Operis recently completed a model audit of Balfour Beatty’s operating model for the Islington Building Schools for the Future PFI project.
The project involves the rebuild of a secondary school, Elizabeth Garrett Anderson Language College, with the addition of a new Pupil Referral Unit, New River College.
The new PRU will replace three existing PRUs within the Borough of Islington, none of which are housed in purpose-built accommodation. The new PRU will provide education and training to young people who are permanently excluded from a school place.
This project reached financial close in November 2010 and Operis also audited the financial model at this earlier stage. This audit is part of a series of operating model audits which Operis have been working on with Balfour Beatty.
Further information on Operis:
Operis is a leading advisor in project and infrastructure finance, renowned for its financial modelling and model auditing expertise and financial structuring advice. The firm has been mandated by the leading investment banks, infrastructure funds, bond arrangers and guarantor bodies around the world. This experience covers over 700 projects and other funded transactions worldwide.
Paul Myers – Managing Director
+44 (0)20 7562 0400