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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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