Building Schools for the Future and its delivery body Partnerships for Schools will not be targeted as part of the Department for Education’s £670 million budget cut.
Chancellor George Osborne this morning set out how the coalition government would achieve £6.2bn savings in this financial year.
But the education department confirmed that PfS and its £55 billion schools renewal scheme would be saved for now – although they remain part of a “wider conversation” about savings.
The Department for Education will save £670m in 2010/11, with £80m coming from a quango clampdown that will include the closure of the British Educational Communications and Technology Agency.
A spokesman said: “The cuts made today are not reflected in BSF or PfS savings. However, they remain part of a wider conversation ministers are having.”
He added: “The savings announced today are just the beginning of the story – there will be further discussions and announcements with the emergency budget on 22 June and the comprehensive spending review in November.”