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.
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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-pp.ucl.ac.uk/id/eprint/1360167 |
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