Norwest Holst - Mixed-Use Development - Doncaster, £45m Doncaster School Programme

Date: 15 Nov 2006

Doncaster Council has announced VINCI PLC as its preferred partner for the £45 million Doncaster Schools PFI scheme to provide two new secondary schools at Edlington and Mexborough.

The Council will now work with VINCI PLC to complete negotiations and agree final terms of the contract. The initial designs of the two new schools will then be finalised and submitted for planning permission.

Following legal and financial close, anticipated in March next year, the 18 month construction period for both schools is expected to begin in May with completion in November 2008. The schools will be fully operational in the second half of the 2008-2009 school year.

VINCI PLC subsidiary, Norwest Holst Limited, will build the schools and provide maintenance support over a 25 year period. Barclays Private Equity is working with VINCI PLC as co-sponsor.

Mayor Martin Winter said: "VINCI has a proven track record in delivering major projects and prides itself on exceeding the expectations of its clients. I am confident that our partnership will be highly successful and that the new schools will play a significant part in raising levels of attainment, behaviour and health amongst young people in Doncaster."

David Finch, Director of VINCI Investments Limited said: "We look forward to delivering first class modern educational facilities for over 3000 students and staff before the end of 2008."

Where do I go now?: » View the latest news items » View the news archive » Subscribe to Weekly Construction Newsletter » Submit news