Why is the Educentre Franchise Model Better Value for the public sector than PFI or BSF?
Because in PFI and BSF the private sector always gets their return, even if the new school is failing. In the Educentre Franchise Model, the developer’s return declines if parents do not support the school, so the developer’s risk and the parent’s risk are fully aligned. They are rowing in the same direction. If the parents win, the developers win and vice versa.