Projects

Tower Hamlets Schools

Social

Education

Tower Hamlets Schools consists of the design, construction (new-build and refurbishment) and provision of facilities management services in respect of 27 schools in The London Borough of Tower Hamlets.

Sector

Social

Education

Location

London, UK

Status

Operational

equity ownership

100%

financial close

June 2002

term length

25 years

About

Tower Hamlets Schools represents a transformative initiative aimed at enhancing educational infrastructure across the London Borough of Tower Hamlets.

Total school capacity

> 0,0 pupils

This comprehensive project encompasses the design, construction (including both new builds and major refurbishments), and the provision of Facilities Management ('FM') service for a total of 27 schools within the borough, with a combined total GIFA more than 91,500m2.

The 27-school project includes five Nursery Schools, two Infant Schools, two Junior Schools, thirteen Primary Schools, three Secondary Schools & two Special Educational Needs ('SEN') Schools.

Size

> 0,0 sq m

The contract was agreed on June 2002. All schools received interim services from September 2002, with full services in all schools from September 2007. The concession expires August 2027 and the public sector commissioning body was the Mayor and Burgesses of the London Borough of Tower Hamlets.

Project overview

Construction scope

The scope of construction work involves a combination of new buildings and refurbishments, strategically designed to meet the evolving needs of the local school communities. These improvements are aimed at providing safe, accessible and adaptable facilities for students and staff.

Facilities management services

The Tower Hamlets Schools contract extends beyond construction, focusing on the long-term maintenance and management of these education facilities. This includes services such as building maintenance, security, energy management, and more, ensuring optimal operational conditions.

Key objectives

Enhanced educational experience

The primary objective of this project is to enhance the overall educational experience of students by providing modern, safe and well maintained learning environments, supported through effective facilities management services.

Community impact

This initiative not only benefits students and educators but also positively impact the broader Tower Hamlets community by creating accessible spaces for various educational and community activities.

Sustainability & innovation

The Tower Hamlets Schools Contract is committed to sustainability. The Project integrates sustainable building practices, energy-efficient technologies, and eco-friendly, materials to minimise its environmental footprint.

Why we invest in PPPs

PPPs provide much needed critical infrastructure often replacing older public sector properties with new state of the art facilities operated by experienced facilities management contractors. The investments provide stable long-term, index-linked cash flows backed by high quality public sector counterparties.

Stable income from high quality counterparties: The investment companies receive availability-based revenues from public sector counterparties
International delivery model: INPP has invested in PPP assets in Australia, Canada, New Zealand, Europe and the UK
Long-term, predictable cash flows: PPP concessions will typically last for between 25 and 35 years
Risk transfer: Construction and operational risks are transferred to investment company’s supply chain partners
Inflation-protected revenues: Revenues are generally inflation-linked and indexed to local inflation measures, such as the UK’s Retail Price Index (‘RPI’)
Critical infrastructure: INPP’s PPP investments deliver much needed critical infrastructure to the public sector, supporting local societies and communities across our key geographies

Sustainable Development Goals (SDGs)

2030 Agenda for Sustainable Development adopted by UN Member States in 2015

SDGs supported:

Outcomes

One of the UK’s leading education sector investors: INPP’s school portfolio includes Building Schools for the Future (BSF’s) and the UK’s Priority Schools Building Programme, making the Company one of the UK’s largest education infrastructure investors and asset managers
International presence: INPP has long-term investments in over 260 schools globally, delivering the capacity for over 135,000 pupil places to the local populations
Focus on new build infrastructure: INPP has invested in over 145 new build schools
Quality education: INPP has helped to deliver resilient infrastructure that supports equitable and lifelong learning opportunities for all (SDG 4)