Market Leads & Opportunities
Hunt starts for partner to deliver £1.5bn Wales schools plan
Welsh Government has started the hunt for a partner to deliver its new public private delivery model for the next wave of 21st Century Schools.Under the new model, the selected private sector delivery partner will form a joint venture with the Development Bank of Wales to deliver £1.5bn worth of schools and colleges projects over the next decade.The Welsh Government is using a new Mutual Investment Model plan to design and finance major capital projects due to a scarcity of capital funding.MIM borrows heavily from the Non-Profit Distributing model used in Scotland and crucially has been judged as off-balance sheet.
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Plans for more than 100 homes in Somerset will go before committee today (25 February). - Funding for Argyll and Bute housing projects
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The UK Government has committed to delivering a package of support from the CRP to Argyll and Bute Council totalling £20.34 million. - Lead developer sought for city centre redevelopment
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Hull City Council says it has taken a step forward on its redevelopment of the former BHS building in the city centre.
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