Concessio Canonical ID
GB40P0000014
Registry Preview
Overview
Capital value
£47.3m
HMT 2025
Expiry
2030
4 years remaining
Unitary charge
£8.24m
FY 2026-27
Deep Scan
Investment ThesisLocked
Two Schools Project (Jo Richardson Community School and Eastbury Community School) is an operational Private Finance Initiative social infrastructure concession in the United Kingdom, with 4 years remaining to the 2030 contract end — grantor Barking and Dagenham London Borough Council, operated by By Education (Barking) Limited.
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Public Registry Fields
General Information
Display format
GB-40-P-000001-4
Country
United Kingdom (GB)
Sector
Social Infrastructure (40)
Family
Social
Structure
PFI/PF2 (P) · Private Finance Initiative
Grantor
Barking and Dagenham London Borough Council
Operator
By Education (Barking) Limited
Financial close
30 Mar 2004
Operations start
01 Sept 2005
Contract end
31 Aug 2030
Capital value
£47.3m (HMT 2025)
Unitary charge (2026-27)
£8.24m
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Contract Economics
Financial Terms & ClausesLocked
| Term | Value | Price base | Period | As of |
|---|---|---|---|---|
| Unitary charge (annual) | £8.24m | Nominal · outturn | FY 2026-27 | HMT 2025 · verified |
| Indexation basis | ||||
| Availability deductions | ||||
| Performance deductions | ||||
| Market testing / benchmarking | ||||
| Termination compensation | ||||
| Change in law | ||||
| Handback provisions |
Locked rows show the standard UK PFI project agreement term set tracked by Concessio; extracted values render as they are verified against primary sources. Full clause text and citations are available in the app.
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Sector-Benchmarked
Operating KPIsLocked
| Metric | Latest | Period | Sector percentile | Coverage |
|---|---|---|---|---|
| Concession period (years) | 25 | — | 35th |
registry |
| Capital value | £47.3m | 2025 | 60th |
HMT annual · public |
| Availability (%) | ||||
| Deductions (% of UC) | ||||
| Lifecycle spend vs plan (%) |
Percentile bars show this concession's position against Social Infrastructure benchmark cohorts in the registry (largest cohort n=1,517). Interquartile band shaded. Locked rows show the standard KPI set for this asset class — series and percentile placement unlock in the app.
Counterparties
Parties & ContactsPartial
Grantor
Barking and Dagenham London Borough Council
Department for Education (DfE) · United Kingdom
Operator / SPV
By Education (Barking) Limited
Company No. 04949258
In the full profile
Management service co.
Hard FM provider
Senior lenders
Financial adviser
Legal adviser
Diligence Signals
Risk & CounterpartyLocked
Diligence signals
3 tracked
contractual · market · political
Grantor election exposure
Disputes & precedent
The full risk register covers counterparty credit, political cycle, regulatory determinations and dispute history for concessions in this class.
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Public Record
FAQs
Who is the grantor of this concession?
The grantor on file is Barking and Dagenham London Borough Council.
Who operates Two Schools Project (Jo Richardson Community School and Eastbury Community School)?
The operator on record is By Education (Barking) Limited.
When does the concession expire?
The contract end on file is 31 Aug 2030 — 4 years remaining.
What is the unitary charge?
The unitary charge for FY 2026-27 is £8.24m per the HM Treasury 2025 return. The full indexed schedule is available in the platform.
What is the capital value?
£47.3m per the HM Treasury 2025 return.
Transparency
Data & Sources
How this entry is verified
Reconciled against HM Treasury PFI/PF2 2025 summary data. View the gov.uk publication →
How Concessio sources data
Records are extracted from primary public sources — regulatory filings, government disclosures and official registries — and cross-checked before entering the platform. Every published datum carries its source citation in the app.