Axiom Education preferred bidder for PFI deal

Axiom Education, a consortium sponsored jointly by ABN AMRO and Shepherd Construction, announced that it is the preferred bidder for the £57 million Rochdale Grouped Schools Private Finance Initiative project. The project will fund the construction of four new school campuses in Rochdale, Lancashire and has been procured under the U.K. Government's PFI scheme. Axiom Education will also operate the new facilities following completion in September 2007.