BUILDING SCHOOLS FOR THE FUTURE (BSF) PFI

On 15 December 2010, the council entered into a BSF PFI contract with Balfour Beatty Education. Balfour Beatty sold their interest to Amber Infrastructure in 2016. This contract provides for new building construction of Dormers Wells High School, followed by ongoing facilities management and lifecycle works over 25 years.

The main work completed in August 2012 and service availability began in September 2012. The value of the unitary charge in 2025/26 was £6.1m (2024/25 £6.0m).

PRIVATE FINANCE INITIATIVE (PFI) PAYMENTS DUE

2025/26
To Write Down LiabilitySchools 1 £000'sSchools 2 £000'sStreet Lighting £000'sCare Homes £000'sBSF £000'sTotal £000's
within 1 year3,0162,9751,8038211,2189,833
between 2 to 5 years12,74715,3705,5406,2705,61345,540
between 6 to 10 years1,8376,806-12,4579,16630,266
between 11 to 15 years---1,6315,6207,251
Total17,60025,1517,34321,17921,61792,890
2025/26
Interest ChargesSchools 1 £000'sSchools 2 £000'sStreet Lighting £000'sCare Homes £000'sBSF £000'sTotal £000's
within 1 year1,0322,0976411,6061,9587,334
between 2 to 5 years2,3675,6398425,4246,66020,932
between 6 to 10 years107735-3,7545,1349,730
between 11 to 15 years---124790914
Total3,5068,4711,48310,90814,54238,910
2025/26
Service Charges & Lifecycle CostsSchools 1 £000'sSchools 2 £000'sStreet Lighting £000'sCare Homes £000'sBSF £000'sTotal £000's
within 1 year2,5615,2903,74215,1072,35629,056
between 2 to 5 years11,32220,43812,17558,4429,856112,233
between 6 to 10 years8256,273-71,45913,36391,920
between 11 to 15 years---7,0134,65511,668
Total14,70832,00115,917152,02130,230244,877
2024/25
To Write Down LiabilitySchools 1 £000'sSchools 2 £000'sStreet Lighting £000'sCare Homes £000'sBSF £000'sTotal £000's
within 1 year2,3592,6201,6331,1721,2849,068
between 2 to 5 years11,71813,8508,0125,7885,94645,314
between 6 to 10 years5,42711,121(693)10,2839,95836,096
between 11 to 15 years---4,6588,80413,462
Total19,50427,5918,95121,90225,992103,940