The report, 'PFI in school building - does it influence educational outcomes?', revealed that the rate of improvement in student attainment in PFI schools was 44% higher than in schools traditionally rebuilt.
Bob Griggs, KPMG’s social infrastructure head said that the findings “clearly suggest that PFI schools appear to contribute to a more rapid increase in student results and better attendance.”
However the reasons for this difference are unclear.
Griggs suggests it may be the quality of the environment in PFI schools or because PFI construction schemes tend to come in on time, creating less disruption.
ADVERTISEMENT
He concludes: “Our analysis suggests that private finance plays a positive role in the rebuilding of schools. Governments should therefore take account of these apparent benefits flowing from the use of private finance when deciding how investment programmes are financed.”