Final bids were submitted today for the Yorkshire Priority Schools Project.
This is the fourth of five private finance batches of phase 1 of the Priority Schools Building Programme in England. Operis are financial advisors to the BAM PPP consortium. Our consortium is competing with two others led by Morgan Sindall and Laing O’Rourke for a contract to deliver 7 secondary schools across Bradford, Kirklees and North Yorkshire.
In our role as financial advisor to the consortium, Operis will assist in obtaining an investment grade credit rating for the project and raising senior debt finance from the priority schools aggregator.
The Education Funding Agency will name a preferred bidder for the batch in October 2014 ahead of Financial Close in June 2015.
