News

Morgan Sindall Investments Limited joint venture appointed as part of priority school building programme

Morgan Sindall Investments Limited and Equitix Limited have been provisionally appointed by the Education Funding Agency (EFA) as its selected bidder for the PF2 North West, Priority School Building Programme batch. This is the third PF2 schools batch and has a capital value of between £80m and £120m.

The construction programme will provide five secondary and seven primary schools which will benefit 8,150 pupils and create 124 nursery places. Morgan Sindall plc, sister company to Morgan Sindall Investments Limited will be responsible for the design and construction, with Integral UK Limited providing the maintenance and lifecycle over a 25 year period.

The schools that are benefiting from this programme are located in Blacon, Wigan, Neston, Prenton, Blackpool, Birkenhead, Halton, Stockport and Manchester with schools due to be handed over by September 2017.

Lisa Scenna, Managing Director at Morgan Sindall Investments comments: “This is an important win for the Morgan Sindall Group, with both Morgan Sindall Investments and Morgan Sindall plc taking significant roles in this project. We look forward to working with our consortium partners and the EFA over the coming months to reach financial close with a start on site aimed for March 2015”

Nick Parker, Chief Operating Officer at Equitix Limited comments: “We are pleased to have the opportunity to invest in the Priority School Building Programme. This demonstrates our commitment to working within the education sector in the UK, creating new and improved schools for 8,150 pupils.”