Liverpool City Council has advertised for its Wave 6 BSF programme at £49 million, but could be worth up to £560 million over the potential 15 year life of the contract.
The contract will take the form of a Local Education Partnership to include a number of services includingengineering services, construction services, technical services and building services for a period of up to 15 years.
The facilities may be a mixture of new build and refurbished facilities and will be delivered under Private Finance Initiative and/or design and build arrangements.
Under the terms of the contract, work in the first five years could be up to £360 million, with up to a further £100 million of associated work.
There is also the potential for another £100 million of leisure, libraries, community and co-located PCT facilities.
The council envisages appointing up to three operators.
Firms have until 6 April to submit pre-qualification questionnaires, with invitations to tender expected to be dispatched to successful firms on 9 May.