Schools: Capital Investment

Education written question – answered on 4th July 2012.

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Photo of Elizabeth Truss Elizabeth Truss Conservative, South West Norfolk

To ask the Secretary of State for Education what capital costs were associated with the (a) free schools and (b) Building Schools for the Future programmes.

Photo of Nick Gibb Nick Gibb Minister of State (Education)

holding answer 28 June 2012

In the two financial years 2010-11 and 2011-12, £50.1 million in capital spending has been allocated to establish new free schools.

Conventional capital grant allocated to the Building Schools for the Future (BSF) programme has totalled £5.193 billion over the lifetime of the programme up to 31 March 2012. A further £1.11 billion will be spent to complete the continuing projects within the BSF programme. In addition, the capital equivalent of £3.105 billion has been, or is being, spent on BSF schools through the private finance initiative.

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