Restructure, expand and manage four schools in Germany
The City of Cologne has awarded a contract to restructure and expand four schools and manage them for a period of 29 years to VINCI Facilities SKE, the German subsidiary of VINCI Energies. The contract took effect on 1 January 2018.
The value of the PPP contract is €163.5 million. It covers renovation of a number of landmark buildings, construction of new buildings and facility management services: maintenance of the premises and outdoor spaces, security and energy consumption management.
The schools, which together accommodate 2,900 students and 230 teachers, are located in the Mülheim district (Elly Heuss Knapp Realschule and Ferdinand Lassalle Realschule) and in the Ossendorf (Catholic Elementary School) and Weiden (Georg Büchner Gymnasium) neighbourhoods of Cologne.
To date, VINCI Facilities SKE has carried out 15 projects under PPP contracts.