/ News / Prince George’s County Public Schools begins Blueprint Schools Phase II procurement

Prince George’s County Public Schools begins Blueprint Schools Phase II procurement

Parul Dubey on November 14, 2022 - in News

JLL is the financial advisor for the project that will deliver new K-12 schools, meeting the needs of students and employees

 

WASHINGTON – JLL is the financial advisor, along with SXM Strategies, to Prince George’s County Public Schools (PGCPS) on the Phase II procurement process for their Blueprint Schools project in Prince George County, Maryland. Public-private partnership (P3) for Blueprint Schools Phase II includes design, construction, financing and maintenance of six schools for PGCPS.

Prince George’s County Public Schools facilities have substantial maintenance needs, and PGCPS is committing to the largest infrastructure investment in generations. With the support of County Executive Angela D. Alsobrooks, County Council and county government, PGCPS will invest $25 million a year for the next 30 years in school construction funds alongside the state of Maryland’s contribution of $25 million annually.

Taking an innovative approach to school construction financing, the Blueprint for PGCPS utilizes a collaborative P3 to meet the needs of their 136,500 students and nearly 22,000 employees.

“This is a very exciting milestone for PGCPS, the county and the state of Maryland,” said Lindsay Stowell, Executive Vice President, Higher Education, JLL. “Launching the RFQ officially kicks off the procurement for next wave of much needed schools that will benefit this community tremendously. JLL is thrilled to be a part of this transformational project and looks forward to helping PGCPS find the best partner for this project over the coming months.”

PGCPS selected JLL and SXM Strategies in early 2022 as the lead consultant and financial advisor for this second P3 design-build-finance-maintain agreement that will accelerate the delivery of additional urgently needed schools in Prince George’s County, Maryland. In 2021, PGCPS became the first K-12 school system in the United States to utilize a P3 to transform its school system and build schools that its students deserve.

“Through innovation in capital improvements, we are accelerating delivery of the state-of-the-art learning environments our students, staff and families deserve,” said Dr. Monica Goldson, PGCPS Chief Executive Officer. “As we prepare to open the doors of the six Phase I schools next year, Phase II allows us to continue the momentum of this historic chapter of school construction to reach even more communities.”

The Request for Qualifications (RFQ) was issued on Oct. 31 and the deadline for questions is Nov. 11. Responses to RFQ Questions will be given Nov. 18, with RFQ response submissions due Dec. 15. Shortlisted proposers will be notified, and the Request for Proposals (RFP) will be issued no later than Jan. 25, 2023.

JLL is the premier provider of strategic real estate advisory for local, state, national and federal governments as well as public and education institutions. Its national team covers the entire real estate lifecycle from strategy, public private partnerships, facilities management and sustainability services to transaction and project management. JLL brings both the experience and expertise to convert real estate portfolios into working assets that meet operational and occupancy requirements while generating revenues and reducing costs. Visit us.jll.com/government

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About JLL

JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $19.4 billion, operations in over 80 countries and a global workforce of more than 102,000 as of September 30, 2022. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.

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