BSF cuts: 700 projects doomed as £5 billion axe falls
The government is expected to effectively scrap the Building Schools for the Future (BSF) programme, cutting £5 billion from its budget
After months of uncertainty, more than half the projects (up to 700 new schools schemes) will be axed, leaving just 500 ‘advanced’ projects on the books.
Despite fears it would be ditched, practices continued to bid for jobs on the lucrative programme, racking up £1.5 billion worth of contracts.
Aedas was appointed architect on a BSF project for Oldham, Lancashire, just last week.
Anthony Langan, director at the practice, said: ’At this time, significant reductions in capital spending on education will be a disaster for the entire construction industry, which could see further job losses throughout the professional and construction teams involved in this sector.’
However at 4.30pm today (5 July) education Secretary Michael Gove will formally announce the end of the enormous contractor-led delivery model, which will save £1 billion a year over the next five years.
He will tell MPs in the house of commons the project was ‘badly designed and implemented’, reports the Daily Telegraph.
He is also expected to make a clear statement on whether schemes at preferred bidder stage will proceed.
There are about 1,200 BSF projects at a various stages of completion.
BSF was estimated to be worth £55 billion between 2004 and 2023.