2016 Report details for project: Priority School Building Programme - Capital

Project name: Priority School Building Programme - Capital - there are 2 reports for this project: 2015, 2016
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Organisation: DFE (D6) - see all reports for this organisation
Report year: 2016 (data is from Sept 2015)
Category: Infrastructure - see all reports for this category
Description: To rebuild or refurbish the 260 schools in the worst condition across England. 214 schools are being funded through capital grant funding and 46 schools are being funded through private finance.
DCA (RAG): Amber/Red
DCA text: A number of external factors continue to impact the programme, the most significant being the recovery of the construction market. Over the last 22 to 24 months we have experienced a lack of interest from the contractors in the new batches being released into procurement and delays on a number of schemes as contractors seek additional funding to cover increasing costs of labour and materials. This has resulted in delays against our internal delivery programmes, expenditure slipping backwards and an increase in the overall cost to deliver the programme. The PSBP is continually reviewing the market strategy. To mitigate the risks described above we have expanded the number of procurement routes that we are using: we are now using the EFA Contractors Framework, the EFA Regional Framework, we have procured two batches of schools using the CSS modular framework and we are currently preparing documentation to allow us to OJEU projects. The Education Funding Agency is also reviewing the location factors and the base funding rates to ensure that the funding envelopes we set are competitive. In addition we have ensured that every project has a back up" option available. Should a procurement fail, the project has been named in a second procurement so it can be quickly switched to a second procurement option.
Start date: 2011-07-19
End date: 2019-01-01
Schedule text: The majority of new or refurbished school buildings will be handed over by the end of 2017. Some projects are affected by market interest and technical issues and this means that their delivery timetables will go beyond the the end 2017. Following handover of buildings the EFA oversees the one year defects liability period. The programme end date is forecast as 15/04/2020.
Baseline: £693.44m
Forecast: £801.80m
Variance: 15.63%
Variance text: The baseline for 2015/16 expenditure is based on the current approved programme budget of £2,023m, therefore is different to the revised forecast which was reported to the Treasury in May as part of the Spending Rreview preperations and included in the Q1 GMPP submission. The HMT Settlement of January 2015 is £2,120.6m. The current capital forecast outturn for the programme remains at £2,298.8m. This represents a £178.2m overspend compared with the January 2015 Funding Settlement but remains in line with the latest forecast expenditure prepared in August 2015 and reflects a number of changes in scope to the programme.
Whole Life Cost: £2,023.30m
WLCost text: Initial capital investment to address the poor condition of school buildings will avoid significant future costs to deal with a deteriorating estate and help to avoid any incidences of basic need pressure created through obsolecence.
Notes1: Priority School Building Programme 1 (PSBP1) - Capital
Sourcefile: IPA_2016.csv

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Acknowledgement: GMPP data has been re-used under the Open Government Licence.