Morrison & Co awarded contract for five new schools
Morrison & Co awarded contract for five new schools under Public Private Partnership
Morrison & Co, manager of
PIP Fund II, confirms that the ShapEd consortium it is
leading has been awarded the contract for the Ministry of
Education’s Schools third Public Private Partnership
(PPP3), following PIP Fund II’s selection as preferred
bidder four weeks ago.
Executive Director of PIP Fund II,
Steven Proctor, said the short timeframe between being
selected as the preferred bidder and being awarded the PPP
contract reflects the maturity of the PPP model in New
Zealand, particularly in the school sector.
“A key
benefit of the increasingly streamlined process for bidding
PPP projects in New Zealand is that it enables preparatory
work on the initial five new schools covered by the new PPP
contract to get underway immediately, meaning the schools
will start educating New Zealand’s future leaders in
2019,” said Mr Proctor.
Under this PPP contract with
the Ministry of Education, the ShapEd consortium will
design, construct and maintain (for 25 years following
construction) five new schools in Auckland, Hamilton and
Christchurch. The contract allows for further schools to be
added to the contract subject to demonstrating value for
money to the Ministry.
The ShapEd consortium consists of
PIP Fund II, CPB Contractors and South Island-based
Southbase Construction, Pacific Partnerships, ASC Architects
and Spotless Facility Services. The construction team will
be onsite from this
week.
ENDS