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Operating the renewed school estate - an empirical insight into cost and PFI

Ive, GJ; Murray, A; Edkins, A; (2011) Operating the renewed school estate - an empirical insight into cost and PFI. In: COBRA 2011: Proceedings of RICS Construction and Property Conference. (pp. pp. 196-207). Royal Institution of Chartered Surveyors: Salford. Green open access

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Abstract

The use of the Private Finance Initiative (PFI) as a procurement method for capital schools projects over the past decade has been considerable, and a controversial issue. The relevance of procurement method for the operational performance of projects and facilities is an area cited as needing more research by amongst others the National Audit Office. Recently, the relative benefits of rebuilding versus refurbishment have also become an issue, especially in the context of cancelation of the Building Schools for the Future programme, and the James Review of how to get better value from a likely decreasing total capital expenditure on schools. In attempting to fill this knowledge gap, this study presents comparative samples of normalised expenditures post-renewal on facility service costs in renewed English comprehensive secondary schools. Data is presented in elapsed time relative to year of school renewal, sampled to produce early facility life cost profiles up to a maximum of 9 elapsed years, by both procurement method (PFI and non-PFI) and type of capital works (refurbishment and rebuild). The results include that total facility services costs are higher (though not significantly) in PFI schools in six of the nine elapsed years. Total facility services costs are broadly similar over the nine elapsed years following renewal in rebuilt and refurbished schools. The influence of procurement method on expenditure on certain facility services, coupled with high correlations between procurement method and type of capital works, prevents clear conclusions on the independent impact of type of capital works on operational expenditure. [Winner of the RICS Research Best Paper Award in Construction: COBRA 2011 Conference]

Type: Proceedings paper
Title: Operating the renewed school estate - an empirical insight into cost and PFI
Event: COBRA 2011 - RICS International Research Conference
Location: Salford, England
Dates: 2011-09-12 - 2011-09-13
ISBN-13: 978-1-907842-19-1
Open access status: An open access version is available from UCL Discovery
Publisher version: http://www.lawlectures.co.uk/w113/documents/cobra2...
Language: English
Additional information: This version is the author accepted manuscript. For information on re-use, please refer to the publisher’s terms and conditions.
Keywords: Operational cost, PFI, renewal, schools, whole life cost
UCL classification: UCL
UCL > Provost and Vice Provost Offices > UCL BEAMS
UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment
UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment > The Bartlett Sch of Const and Proj Mgt > Bartlett Real Estate Institute
URI: https://discovery.ucl.ac.uk/id/eprint/1360167
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