The procurement of the new Bertha Park High School by Perth & Kinross Council reached financial close on 27 September 2017 . Built to accommodate pupil generated by the rapid expansion of the city, the new school will be developed under a single compact PPP contract between the Council and hub East Central Scotland.
As the public sector Financial Transaction Adviser on this PPP we supported the Council’s in-house team and were responsible for assessing financial submissions from the private sector partner. This included confirming that returns, margins and fees are in line with the market and consistent with pre-agreed levels. We worked closed with technical specialists to calibrate the payment mechanism, and supported commercial negotiations.