Scottish Futures Trust delivers £135m ‘benefits’
The Scottish Futures Trust (SFT) says it has unlocked £135 million of benefits for the public sector through cost-effective and energy-efficient building methods.
SFT prioritises its efforts on achieving value for money in the design and building of public infrastructure such as schools, roads and hospitals,
It also looks at where public sector buildings can be used more efficiently and effectively which in turn will deliver savings, carbon reductions, or create additional revenue.
In an update on its work over the past year, it listed the following examples of its impact:
- Managing the £1.8bn schools programme to allow five schools to be built for the price of four thereby benefitting 12,000 more pupils
- Delivering cost-effective ways to provide wi-fi access to social housing tenants for £1 a week
- Securing 3,000 affordable-rent homes
- Helping councils save £1.2bn by giving them the tools to invest in low-energy LED street lights
- Developing an innovative approach to attract £6bn of private sector infrastructure investment across Scotland’s cities
- Delivering award-winning, adaptable school designs to meet modern-day teaching methods
SFT’s digital document ‘A look behind the number‘ provides more information on the benefits SFT is delivering.
Sir Angus Grossart, SFT’s chairman, said: “With no let-up to the pressure public sector organisations are under, SFT is doing all it can to squeeze the maximum value out of every pound invested and secure additional sources of investment in Scotland’s essential infrastructure.
“Central to SFT’s success in delivering £135m of savings and benefits this year has been purposeful collaboration with local authorities, health boards and other public bodies across Scotland to unlock value from the numerous infrastructure projects they deliver.”
Barry White (pictured), chief executive, stated: “Ultimately, the impact of SFT’s work helps make a difference to people’s lives; whether that is helping secure future employment; opening up new training and apprenticeship opportunities; implementing initiatives to help protect the environment; expanding access to superfast broadband or by improving working environments by having flexible, well designed buildings.
“In addition, the many projects currently under construction across SFT’s varied work streams are impacting positively on Scotland’s economy, with Scotland’s construction industry witnessing significant growth at over 18% for the last year.”