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Bristol Schools Private Finance Initiative (PFI) Phase 1A Contract: Deed of Variation (Multi Deed) for school transfers to academy trusts

Under the Vires of the contract approved by Cabinet Decision on 9th March 2004 which identifies the Director of Finance (Chief Financial Officer) as the duly authorised officer of the Authority empowered to execute, deliver and issue certificates pursuant to the Local governments (Contracts) Act 1997.
Both Bedminster Down and Henbury schools are transferring from a single academy trust to Multi-Academy Trusts:
?- Bedminster Down to Wellsway (actual transfer date 1 Dec. 2018); and
? - Henbury to the Greenshaw Learning Trust (proposed transfer date 1st September 2019.
The Deed of Variation agreed with the PFI contractor is a ‘Multi Deed’ which sets up an agreement with the PFI contractor that future academy transfers can be done as a matter of correspondence under this Deed of Variation and therefore reducing any legal fees to a minimum. To accommodate this transfer a deed of variation is required to the PFI Project Agreement; this is a simple change of address for the academy and is mainly required for the PFI Project Agreement to ensure that the school is covered under the contract insurance and is identified contractually as an Authority Related Party.
Similarly the addresses in School Agreements between the Council and the Schools are to be updated; the School Agreement passes down various responsibilities under the Project Agreement from the Council to the schools.

Decision type: Non-key

Decision status: Recommendations Approved

Notice of proposed decision first published: 22/08/2019

Decision due: 22 Jul 2019 by Executive Director: Children & Education (DCS)

Lead member: Cabinet Member with responsibility for Public Health and Communities

Contact: Denise Murray, Director - Finance & Section 151 Officer Email: denise.murray@bristol.gov.uk Email: denise.murray@bristol.gov.uk.

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