Private finance initiative (PFI) academies: model documents
Model documents for PFI schools converting to academy status.
Applies to England
Documents
Details
Schools that form part of a closed private finance initiative (PFI) contract and who want to convert to an academy should use the documents on this page.
Use these documents to create your academy’s:
- funding agreement
- school agreement (this will replace any existing governing body agreement)
- principal agreement (this sets out DfE’s level of financial support to the local authority)
This is more guidance on the process for becoming an academy.
For schools with a religious character see Church academies: model documents.
Updates to this page
Published 5 December 2012Last updated 16 June 2022 + show all updates
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Updated single funding agreement: mainstream with the second (h) option from 7.2g to 7.2h on page 11, footnote 5 from (h) to (g) on page 10, and footnote 6 from (i) to (h) on page 11. Updated supplemental funding agreement: mainstream with clause 3N from 3N to 3O and clause 3.O from 3M to 3N on page 5, and the second (h) option from 5B(g) to 5B(h) on page 6.
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Added a link to 'Church academies: model documents'.
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Updated PFI amends for model funding agreements: 'PFI amends to master funding agreement', 'PFI amends to single funding agreement: mainstream' and 'PFI amends to supplemental funding agreement: mainstream'.
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Updated 'PFI academy principal agreement'.
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Added 3 model documents with amends for model funding agreements published from June 2014: 'PFI amends to master funding agreement', 'PFI amends to single funding agreement: mainstream' and 'PFI amends to supplemental funding agreement: mainstream'.
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Updated version of the PFI academy principal agreement.
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First published.