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Private finance initiative (PFI) academies: model documents

Model documents for PFI schools converting to academy status.

Documents

PFI amends to master funding agreement - June 2014

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PFI amends to single funding agreement: mainstream - June 2014

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PFI amends to supplemental funding agreement: mainstream - June 2014

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PFI academy school agreement

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PFI academy deed of variation: single academy

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PFI academy deed of variation: multi-academy BSF

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PFI academy deed of variation: multi-academy non-BSF

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PFI academy long term lease

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Detail

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)

Read more guidance on the process for becoming an academy.