ARGYLL & BUTE SCHOOLS NPDO
16/09/2005
Argyll and Bute Schools NPDO (non profit distributing organisation) reached financial close with ABC Schools on the 9 September 2005.
The NPDO will deliver 10 new build educational facilities across 5 sites in Argyll and Bute by the end of 2007, and will then operate and maintain the facilities over 30 years.
Argyll and Bute Council and PUK co-sponsored the project with support from the Scottish Executive. The NPDO PPP contract model uses only debt funding within its capital structure. The project is a first for Scotland and the UK as a whole.
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