Lewisham Council
Project status
Waves 1 & 3: Financial Close, December 2007
First schools to open January 2009
Lewisham's BSF programme will build a new school and rebuild or refurbish eight of the Borough’s existing secondary schools and three SEN schools, as well as provide new ICT investment across all secondary schools, including New Woodlands, Crofton, Forest Hill, Greenvale and Crossways.
Lewisham Council announced that Learning21 is preferred bidder for their BSF programme in March 2007. Learning21 is a joint venture between VT Group and Costain Group PLC.
Building work commenced on the three Wave 1 schools in August 2007: Catford and Sedgehill will open in phases from January 2009, and Northbrook will open in September 2009.
Lewisham's LEP Partners
| Bidder | Learning 21 |
| LEP Equity Provider | Costain and VT Group |
| Construction | Costain Ltd |
| Design | ACP |
| Hard FM | VT Group plus supply chain |
| Soft FM | VT Group plus supply chain |
| ICT | VT Group plus supply chain |
| Partnering Services | Learning21 |
| Funders | Barclays |
Wave 1
Funding:
| Conventional Funding | £8.5m |
| PFI Credits | £118.9 |
(Includes ICT. Funding allocations are indicative and are likely to change.)
Wave 3
Funding:
| Conventional Funding | £67.9m |
| PFI Credits | £102m |
(Includes ICT. Funding allocations are indicative and are likely to change.)
