West Dunbartonshire Council’s new 1000 pupil Our Lady and St Patrick’s High School reached financial close on Thursday 31 March 2016. The new school will be built and serviced by Hub West Scotland under a 25 year hub/DBFM/PPP contract.
We were West Dunbartonshire Council’s financial advisers on the project, advising on contract negotiations, financial model analysis and payment mechanism calibration.
East Renfrewshire Council’s new 850 pupil £25 million Barrhead High School reached financial close in March 2016. The new school will be built and serviced by Hub West Scotland under a 25 year hub/DBFM/PPP contract.
We were East Renfrewshire Council’s financial advisers. Our role included analysis of the bidder’s financial model and funding structure, negotiation and calibration of the payment mechanism and liaison with the legal team to ensure a robust commercial solution.
Midlothian Council’s new 1200 pupil Newbattle High School reached financial close on Friday 12 February 2016. The new school will be built and serviced by Hub South East Scotland under a 25 year hub/DBFM/PPP contract.
We supported Midlothian Council’s internal team throughout the process. Services included assistance with the ‘Key Stage Review’ submissions to government, analysis and interrogation of the financial model and its underlying assumptions, and liaison with the technical to ensure that the payment mechanism and termination clauses were in line with current practice.
