34

Inflationary pressures significantly delayed School Rebuilding Programme contract agreements and project delivery.

Conclusion
DfE told us that in its building programmes, and particularly the School Rebuilding Programme, it had taken longer to agree contracts because of inflationary pressures in the building industry.54 DfE explained that it had responded by amending its funding policies, and developing an ‘alliance model’ involving risk-sharing and greater elements of standardisation, which should help construction firms to manage cost pressures and improve their speed of delivery. DfE accepted that it would not catch up on the initial projects that had fallen behind, but in terms of the overall programme it still believed that it was on track.55
Government Response

A response document is linked to this report, dated 8 March 2024. Response attribution to this conclusion has not been verified. Read the response document.

Addressee Bodies
HM Treasury
Timeline
Recommendation age 2.8 yrs
Report published 19 Nov 2023