Did you know that...- Education construction output increased by around 19% in 2014 to reach a value of £10bn, bringing it back to the same level as 2010, prior to the scrapping of the BSF programme.
- The DfE, the single largest client for education construction works, controls a total resource budget of almost £59.4bn in 2015-16 and a capital budget of over £4.7bn.
- The second phase of PSBP was announced in February 2015 which should result in £2bn invested in rebuilding or refurbishing buildings at 277 schools across England between 2015 and 2021.
- Capital allocation for the Higher Education sector in England, Wales and Scotland in 2015-16 is in the region of £200m, which includes research capital and teaching capital investment.
- Going into 2016 and beyond, the outlook for the student accommodation sector remains positive, with student numbers expected to increase with the removal of the cap on student numbers.
These facts have been extracted from AMA Research's report ' Education Construction Market Report – UK 2015-2019 Analysis ' available from www.amaresearch.co.uk or by calling 01242 235724.
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