Case Studies

Building Schools for the Future.

Project Overview
  • Between 2004 and 2010, over 50 deals under the program reached financial close
  • Over 1100 schools set to benefit from the deals reached in that time period
  • Total investment: approximately $6.7 billion
  • Over 400 schools rebuilt
  • Aimed to improve conditions for over 3 million students
Project Development
  • 25 year plan
  • Began in 2004
  • Over 50 projects reached financial close between 2004 and 2010
  • 30 local education partnerships formed
  • Based on the Design-Build-Finance-Maintain (DBFM) PPP model
P3 Project Case Study

Project Description

Building Schools for the Future was a massive and ambitious undertaking by the British government to revitalize dilapidated public schools throughout the country. The goal of the program was to combine and public financing in order build hundreds of new schools and facilitate the improvement of a thousand others. Under the plan, over 50 deals reached financial close and over 400 schools were rebuilt. Over 1100 other schools were improved and the critical backlog of school repair projects in the UK was reduced dramatically. Total investment into the program reached approximately $6.7 billion.

New Karolinska Solna

Project Overview
  • Overall Square Footage: 3,444,451 SF
  • Approximately 800 rooms
  • Occupancy: Fall 2016
  • LEED Certified
  • Total Investment: $1.7 Billion
Project Development
  • Contract assigned to Swedish Hospital Partners AB on 8 June 2010
  • PPP agreement signed June 30, 2010
  • Construction by Skanska began immediately afterwards
  • Design-Build- Finance-Maintain (DBFM) contract through 2040 with and option to extend
    the contract until 2055
  • Construction to be fully completed in early 2018
P3 Project Case Study

Project Description

New Karolinska Solna is an enormous PPP undertaking that began with the awarding of a Design-Build-Finance-Maintain (DBFM) contract to Swedish Hospital Partners AB on June 8, 2010. The agreement closed on June 30, 2010, and Skanska began construction on the new hospital immediately soon thereafter. The first patients will be admitted in the fall of 2016, with additional construction continuing into 2018 until completion. The new hospital, representing the world’s largest healthcare sector PPP to date, will have 3,444,451 square feet of space, 12 floors, 800 rooms and will meet LEED certification standards.

New Long Beach Courthouse

Project Overview
  • Courtrooms: 31
  • Overall Square Footage: 529,000 SF
  • Construction Cost: $300 million, $490 million total investment
  • Start: January 2011
  • Occupancy: August 2013
Project Development
  • First Performance Based Infrastructure Project in the United States
  • Design-Build-Finance-Maintain (DBFM) contract over 35 years
  • 11 Consortiums submitted Qualifications
  • Official Announcement of Selection of Long Beach Judicial Partners in June 2010
  • Financial Close Occurred December 20, 2010
P3 Project Case Study

Project Description

The Long Beach Courthouse project was the first performance-based social infrastructure PPP project in the United States. Long Beach Judicial Partners was awarded the contract in June of 2010, with construction beginning in January 2011. Final square footage for the courthouse is 529,000 square feet, with 31 new courtrooms, a detention center and holding cells, sally port, and office space. The facility accommodates 800 workers and 3,500-4,500 visitors daily. The project was completed ahead of schedule in August 2013 and below budget and has been lauded as a tremendous success, receiving 13 national and global awards.