Bids were submitted on January 10, 2014, for the Hertfordshire, Luton and Reading Priority Schools project. This project is the first of five batches of schools in procurement under the UK Government’s Private Finance 2 initiative as part of the Priority Schools Building Programme. The project involves the rebuilding seven existing schools followed by the operation and maintenance for a 25 year period.
Operis was engaged by Wates to review their financial model used to price its bid for the project.
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