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New Zealand Schools II Public Private Partnership

Future Schools Partners announced as preferred bidder on New Zealand Schools II Public Private Partnership


Earlier this week, Future Schools Partners were selected as the preferred bidder for the New Zealand Schools II Public Private Partnership (PPP). The contract includes the design, construction, finance and maintenance of four schools throughout New Zealand over 25 years.

The schools include Ormiston Junior College in Auckland, Aranui Community Campus and Rolleston Secondary School in greater Christchurch and Wakatipu High School in Queenstown. The Auckland and Christchurch schools are due to open in 2017, followed by Queenstown in early 2018.

Future Schools Partners (FSP) is made up of experienced school facility providers including Morrison & Co’s Public Infrastructure Partners fund (PIP Fund) providing equity, Hawkins providing design and construction delivery, Programmed Facility Management providing facility management and ASC Architects leading the design team.

Steven Proctor, Executive Director of the PIP Fund says the competition to provide the new schools within the PPP framework was considerable. “We are delighted that Future Schools Partners has been selected as the preferred bidder on the basis of our innovative design and willingness to underwrite the performance of the schools for 25 years.”

This would be the second New Zealand schools PPP project for the consortium partners. In 2011, the FSP team were appointed to design, finance and construct New Zealand’s first new schools PPP; two schools (primary and secondary) at Hobsonville Point, in Auckland.

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Geoff Hunt, CEO of Hawkins Group says that following the success of the first new schools PPP, the consortium is well placed to outperform in delivering the four new schools under the same model. “We enjoyed working closely with our partners on the first schools PPP and look forward to delivering more learning environments that meet the aspirational needs of school communities and at the same time delivering ‘whole of life’ value. Without the distraction of property maintenance and management, boards, principals and teachers can focus on the learning needs for their students” – says Hunt.

The Ministry of Education has entered into final contractual negotiations with Future Schools Partners and should the project progress to financial close, finance will be provided jointly by Westpac, ANZ and the PIP Fund. The PIP Fund is a group of local investors including the New Zealand Superannuation Fund, the New Zealand Social Infrastructure Fund and a number of community trusts.

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